AM I NEXT? NO LOVE AT WIPRO LIMITED

East Brunswick, New Jersey-based Wipro Limited, an Indian multinational information business process outsourcer, has announced a reduction in force at its Tampa, Florida offices.

The personnel re-alignment will impact 120 employees commencing on May 13, 2023. Most of those slated for layoff are processing agents and team leaders,

The decision was driven by the company's realignment of business needs, primarily a lack of work which is a customary reality in a contractual outsourcing environment.

According to a spokesperson, "This is an isolated incident. Wipro remains deeply committed to the region. And all other Wipro employees serving clients in the Tampa area remain unaffected."

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 ZSCALER

San Jose, California-based Zscaler, a cloud security company offering cloud migration services, has announced a 3% reduction in its workforce.

The reduction in force will impact 177 employees.

According to CFO Remo Canessa, “The recurring nature of our business model gives us good visibility on top-line revenue and allows us to adapt quickly to changes in market conditions to deliver on our operating profit and margin goals. If the environment becomes more challenging, we will continue to prioritize profitability, leveraging our strong unit economics and driving efficiencies in our cost structure.”

“We will continue to hire the best candidates in high-priority areas. Zscaler expects its global workforce reduction to be substantially complete by the end of July, but Canessa hinted at the possibility of more layoffs later in the year."

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 HUTCHINSON TECHNOLOGY

Hutchinson, Minnesota-based Hutchinson Technology, a high-volume manufacturer of precision electromechanical components and assemblies for computer disks, has announced a downsizing initiative resulting in a 56% reduction in force.

The personnel realignment will impact 237 employees at the company's manufacturing facility in Eau Claire, Wisconsin.

The decision is driven by fluctuations in customer demand and the replacement of mechanical disk drive assemblies with solid-state devices without moving components.

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?