SEPTEMBER 30, 2024 —500+ EMPLOYEES TARGETED
Continuing with its restructuring efforts and cost-reduction initiatives, the company will lay off 500+ employees, including less than 200 employees in Nashville, Tennessee.
According to a company spokesperson, "Earlier this year, we shared with employees that, as an industry leader in a competitive market, we have a responsibility to continuously evolve our structure to align with our long-term goals and growth strategy.”
“Although our aim was to simplify our operations and focus on our most important initiatives, it became evident that we no longer needed the same number of people in certain areas of the business. This led to the difficult decision to reduce the size of our team.”
"We’ve evaluated our organizational structures and business processes to reduce decision-making complexity and streamline operations.”
“Our business remains strong, and with our strategy well-attuned to market conditions, these actions will help us stay agile and focused on our goals.”
AUGUST 5, 2022 — Original post…
Nashville, Tennessee-based Asurion, a specialty insurer and provider of warranty repairs for consumer electronics and other products, has announced a
an operational restructuring that will result in a major reduction the company's headcount.
A preliminary estimate of the number of impacted workers is estimated to range as high as 750 or more employees.
According to a company spokesperson, "Workforce reductions were made globally and at all levels. Asurion is reorganizing its operation to focus on the continued growth of its mobility, home, appliance products and retail store operations. That means making thoughtful decisions on how we align resources with the right roles and skills needed to deliver future growth. A big part of what has made us successful is our constant drive to be better and improve; however, any decision to part ways with colleagues, many of whom have contributed to the company’s longstanding success, is difficult and made with great care"
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?
