Jacksonville, Florida-based Smart Pharmacy, a state-of-the-art compounding and retail pharmacy, has announced that it will lay off the majority of its staff by the end of 2019. The decision has already impacted 39 employees, with an additional 34 employees to be laid off at the end of the year. The positions eliminated include pharmacists, lab assistants, customer care employees, shipping specialists, and account representatives. It is estimated that the layoffs will leave an additional 52 employees to face an uncertain future.
A company spokesperson noted that the decision was made under severe financial pressure. In its filing with the State of Florida, the company claimed, “The company suffered extensive business losses over time and attempted to seek new capital through the sale of assets that would support continued operations. The company’s efforts to restructure were unsuccessful.
The State of Florida, Medicare, and the military’s Tricare have filed suit against the company for filing false claims. The case is scheduled for mediation with a potential resolution scheduled in February 2020.
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?
