NOVEMBER 10, 2022 — 200 ADDITIONAL LAYOFFS
The company is continuing its "realignment of resources" initiative with 200 layoffs companywide.
According to a company spokesperson, "As a result of this slower growth, we made the difficult decision to extend the strategic realignment that we announced in May, whereby we now expect that 200 more positions will be eliminated by the end of the fourth quarter. This action will allow us to adjust our cost structure, keep control of our financial future, and deliver predictable revenue growth for our shareholders."
MAY 20, 2022 — Original post…
Burlington, Massachusetts-based Everbridge, a software technology company dedicated to emergency preparedness programs using its Critical Event Management platform to automate notification and management tasks, has announced a "strategic realignment of resources."
The restructuring initiative, said to be at the request of an activist investor, Chicago, Illinois-based Ancora Holdings Group, will impact an unknown number of employees.
According to a company statement, "Actions include completing the integration of acquisitions and simplifying our product portfolio. Any changes in our operations related to the realignment and optimization of the workforce and related resources are very modest, and related to this integration."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?