Denver, Coloardo-based Guild, formerly known as Guild Education, operates a platform to manage employee education assistance benefits and access to approximately 2,000 educational programs for large Fortune 1000 corporations. Guild has announced another restructuring with a 25% reduction in force.
In a second round of layoffs, the reduction in force will impact 300 employees.
According to CEO Bijal Shah, “As Guild’s business continues to grow, we must ensure that we deliver on our mission as efficiently and effectively as possible. To exceed our audacious goals, we shared with employees today that we have decided to restructure our organization. This restructuring resulted in a reduction in our workforce. Restructuring will allow the company to operate more efficiently, innovate faster, and continue to deliver strong outcomes for our stakeholders.”
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. We see good people being laid off through no fault of their own. 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?