AM I NEXT? NO LOVE -- LAYOFFS AT HARRY'S FRESH FOODS

Portland, Oregon-based Harry’s Fresh Foods, a provider of refrigerated and frozen soups, meals, side-dishes, and desserts, is undergoing massive restructuring. The company has announced the layoff of 195 employees and the abandonment of their 80,000 square-foot food processing facility in Portland. The company previously closed their 200,000-square-foot food processing facility in Nashville, Tennessee with 135 employees being laid off. Operations will be transferred to a plant in Everett Washington.

The driving force behind these decisions appears to be Lynn, Massachusetts-based Kettle Cuisine that bought Harry’s Fresh Foods for an undisclosed price in April, 2019. Kettle Cuisine is a portfolio company of Dallas, Texas-based Kainos Capital, a private equity firm with a focus on the food and consumer sector and appears to be acquiring strong regional companies who have the potential for expansion in national markets. In the pre-processed food industry size, distribution, and the ability to scale are of paramount importance.

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?

AM I NEXT? NO LOVE -- LAYOFFS AT CONTINUUM GLOBAL SOLUTIONS

Los Angeles, California-based Continuum Global Solutions, a business process outsourcer of customer care services and call centers, announced the closure of its Lexington, Kentucky call center which will result in 117 employee layoffs. The decision is driven by the cold, hard reality of flexible staffing to meet the demands of contractual customers as well as the corporate machinations involving private investment capital firms and the financial engineering which follows.

In 2018, Skyview Capital acquired a portfolio of Conduent’s standalone customer care contracts and has decided to operate various customer call center platforms under the branding of Continuum Global Solutions. As the night follows the day, there is always some degree of restructuring and rebalancing the staffing following such acquisitions.

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 ... are you now wondering, Am I Next?

AM I NEXT? NO LOVE -- LAYOFFS AT INMAR, INC.

Winston-Salem, North Carolina-based Inmar, Inc., a technology and data analytics company,has announced that the company is closing their pharmaceutical processing operation in Milwaukee, Wisconsin which will result in 265 lost jobs. The company acquired this facility when it purchased the assets of Capital Returns (GENCO Pharmaceutical Services) in February 2019. According to a WARN (Worker Adjustment and Retraining Notification) notice filed with the States of Wisconsin, the layoffs included 104 scanner operators, 37 controlled substance processors, and 18 customer service representatives.  The layoffs are scheduled to take place between June 15, 2019 and August 31, 2019. The company provides pharmaceutical returns management solutions for manufacturers, pharmacies, and drug-related wholesalers.

A company spokesperson noted at the time of acquisition, “Through this agreement, we will improve trading partner data exchange, collaboration and relationships, and find incremental business value through the requirements of the FDA's Drug Supply Chain Security Act. We look forward to continuing to build on our long-standing history as a trusted intermediary and improve quality, security and regulatory compliance for our clients."

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 ... are you now wondering, Am I Next?