AM I NEXT? NO LOVE AT RENOWN HEALTH

Reno, Nevada-based Renown Health, a not-for-profit healthcare network operating in Northern Nevada, has announced the results of a comprehensive operational review which will culminate in a major reduction in force affecting 166 employees, mostly in management and administration, commencing

According to a comany statement, "The pandemic has changed the way we live and work. The world is changing, health care has changed and Renown is changing with it. Today, after a comprehensive review, leaders took steps to align the size of Renown’s work force with current patient care volumes.

Reductions affected 166 of Renown’s 7,200 employees. A majority of the positions affected are in management and administration. Employees impacted by today’s decision will receive severance pay and full benefits consistent with Renown policy. In addition, there is a hold on hiring 176 employment positions until further notice.

The actions taken today are one part of a larger plan to align to the new health care environment. Renown has implemented new models of care to add value, reduce costs, and to help more people receive the health care they need."

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 AT PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY

Harrisburg, Pennsylvania-based Pennsylvania Higher Education Assistance Agency, a quasi-governmental agency that administers several state-level and national-level higher education student financial aid programs, has announced that it is not pursuing another extension of its original federal student loan servicing contract when it expires on December 14, 2021.

The refusal to seek a renewal of a government loan servicing contract will impact hundreds of servicing employees.

According to Pennsylvania Higher Education Assistance Agency president and CEO James Steeley, he advised federal officials that the company will not seek another extension to the 10-year student loan servicing contract that expired in 2019 and has been extended several times during the past two years.

“In the 12 years since PHEAA accepted the terms of its federal servicing contract, the federal loan programs as managed by the U.S. Department of Education have grown increasingly complex and challenging while the cost to service business increased dramatically. We still have other business lines that are robust and growing. It’s not a situation where PHEAA is going away nor is its revenue-generating ability. We’re just refocusing on our core public service mission for Pennsylvania.”

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 AT MERCURY FUEL

Waterbury, Connecticut-based Mercury Fuel, a wholesaler/retaier of petroleum and operator of convenience stores, continues its restructuring by following the sale sale of seven of its convenience stores and gas stations with additional sales of assets. The latest sale will impany 112 employees, including 68 cashiers and 14 store managers, who are facing layoffs on September 3, 2021.

Prior to this latest asset divestiture, EG America, a subsidiary of Blackburn, England-based EG Group, an operator of gas stations and fast food outlets, purchased the seven Mercury locations to convert them into Cumberland Farms stores.

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?