London, England-based BC Partners, the British investment and asset management company is leading a group to reorganize and financially restructure Phoenix, Arizona-based PetSmart, a retailer selling pet products, services, and small pets see the separation of Dania Beach, Florida-based Chewy, Inc., an online retailer of pet food and other pet-related products, as an independent entity and the recapitalization of PetSmart.
Like all reorganizations and recapitalizations, they are followed by consolidations and cost-cutting reductions in force.
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?