AM I NEXT? NO LOVE AT NATIONAL PUBLIC RADIO

Washington, D.C.-based National Public Radio, a publicly-funded nonprofit media organization that serves as a national syndicator to a network of over 1,000 public radio stations in the United States, has announced a reduction in force to compensate for a revenue shortfall.

The reduction will impact approximately 10% of NPR's workforce or 100 employees.

CEO John Lansing noted that the final decision on which positions will be cut is expected by the week of March 20, 2023. "The layoffs were unavoidable despite previous measures that erased $14 million in expenses, such as an earlier hiring freeze, restrictions on non-essential travel, and a hold on paid internships."

“I recognize that all of this is deeply unsettling, and I know that this introduces an uncomfortable period of uncertainty. We will move as swiftly as possible to provide clarity about the reductions needed, working in consultation with our unions.”

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?

AM I NEXT? NO LOVE AT WIX

Tel Aviv, Israel-based Wix.com, a provider of cloud-based drag-and-drop web development services. has announced a reduction in force that will impact U.S. employees.

Impacted employees are mostly from the company’s customer care divisions, including 100 employees in Austin, Texas, 27 employees in San Francisco, California, 142 employees in Miami, Florida, and 62 employees in Denver, Colorado. The scheduled departure date is April 16, 2023.

This follows the 100 employees laid off in adding on to the 100 laid off in September 2022.

Wix President Nir Zohar noted, “The global economy has dramatically slowed down. As a result of this Wix and all its rivals have experienced a global slowdown, the significance of which is that we need to staff smaller customer service. We must implement the required change in the way we are managed in order to adapt ourselves.”

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?

AM I NEXT? NO LOVE AT YAHOO! (03/24/24)

MARCH 24, 2024 — 1,600+ LAYOFFS

The company has announced plans to lay off more than 20% of its total workforce as part of a major restructuring of its advertising technology unit. The reduction in force will impact more than 50% of Yahoo's advertising technology employees — more than 1,600 people.

According to a company spokesperson, “These decisions are never easy, but we believe these changes will simplify and strengthen our advertising business for the long run while enabling Yahoo to deliver better value to our customers and partners.

Yahoo’s previous strategy in the ads business was to offer a “unified stack” consisting of a demand-side platform (DSP), supply-side platform (SSP), and native advertising platforms. However, “Despite many years of effort and investment, this strategy was not profitable and struggled to live up to our high standards across the entire stack,” and as such, it will shut down the SSP side of the business.

CEO Jim Lanzone noted that the sunsetting of an older business model would be “tremendously beneficial for the profitability of Yahoo overall.”

FEBRUARY 24, 2023 — Original post…

Sunnyvale, California-based Yahoo!, the iconic web services provider, has announced a major reduction in force.

The job action will impact 1600 employees or 20% of the workforce.

Yahoo CEO Jim Lanzone noted, "that these layoffs are not a result of economic issues, but rather, they are intentional changes to strengthen the unprofitable Yahoo for Business advertising unit."

“These changes announced today are entirely within the context of creating a better business plan for that division going forward. The company has taken many bites of the apple here in trying to make it work over the years, but as a standalone company, we had to take a very honest view of how we apply our resources. The company is “very profitable. We would’ve made these changes even at the peak of the market.”

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?