Jericho, New York-based Publishers Clearing House, a direct marketer of merchandise and periodicals and famed for its big-dollar give-away contests, has announced it is discontinuing its mail-order commercial business which will result in the layoff of 156 employees at its Jericho, New York, headquarters. Layoffs will commence in July 2024.
As collateral damage, St. Cloud, Minnesota-based Fulfillment Distribution Center, a mail-order fulfillment services provider, plans to lay off 350 employees after losing its decades-long contract with Publishers Clearing House, its sole customer. Layoffs are scheduled between July 19, 2024, and February 28, 2025.
According to a company statement, “The layoffs are a strategic response to the reality of heightened postal, shipping, and supply chain costs along with the ongoing challenges that emerged from the post-pandemic world. This difficult decision comes after exhaustive analysis and careful consideration of PCH’s operational realities and the need to prioritize resources in areas for growth moving forward. These reductions allow the company to focus resources away from our commerce program and on our primary growth strategy of leveraging PCH’s core strengths and competitive advantages of providing consumers with free-to-play digital entertainment and games while delivering identity and data-driven advertising solutions for advertisers, consumer researchers, data and ad tech companies.”
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?
