AM I NEXT? NO LOVE AT ROCKY MOUNTAIN CRISIS PARTNERS

Denver, Colorado-based Rocky Mountain Crisis Partners, an independent, non-profit, organization that provides 24/7/365 confidential crisis support through call, text or chat, has announced a reduction in force after the loss of a Colorado's Behavioral Health Administration contract to manage the state's 988 suicide and crisis hotline.

The contract loss will impact 330 employees when the contract ends on June 30, 2024. The new contract was awarded to an out-of-state vendor.

According to Cheri Skelding​​​​, Rocky Mountain Crisis Partners' chief program officer, “I can say that we were extremely heartbroken, shocked, and disappointed in the direction in which crisis services appear to be moving in Colorado. Around 90% of the non-profit's funding comes from the state's contract, meaning the loss of the new contract will lead to the end of the organization's 14-year existence."

The company has filed a formal protest and the final award will be withheld until the protest has been resolved.

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?

MEMORIAL DAY 2024

THANK YOU FOR YOUR SERVICE!

Just a quick reminder to say a prayer of thanks for all of the brave soldiers who have made the ultimate sacrifice, were gravely wounded, suffered a disability, or found it hard to integrate back into a life where military-like discipline, skills, and behavior are alien to most Americans. Let us also not forget those missing in action and who remain unaccounted for, as well as those presently standing watch over our freedom and liberty.

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 PACIFIC BIOSCIENCES OF CALIFORNIA

Menlo Park, California-based Pacific Biosciences of California, a biosciences technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems, has announced a restructuring, including a cost-cutting initiative and the closure of its 74,000-square-foot San Diego, California facility.

The cost-cutting initiative and office closure will impact 195 employees, including 71 in the company's Menlo Park office and 108 in the San Diego office. The nearly 25% reduction in force affects nearly all functions within the company, including engineers, scientists, and management-level positions such as directors and vice president.

The scheduled separation date is June 28, 2024. To lower production costs, some consumables manufacturing for reagents and flow cells were previously transferred from San Diego to Menlo Park.

CEO Christian Henry noted, “We believe that the sales cycle increased primarily because of uncertainty surrounding the timing of funding for new capital equipment, particularly in the United States and China. There’s no doubt that PacBio and our industry are facing increasing headwinds this year. However, we remain incredibly optimistic about our business and the prospects for long-read sequencing.

"This swift and decisive action is a demonstration of our plan to achieve positive cash flows by the end of 2026, as originally outlined in our long-term guidance. We remain highly encouraged by PacBio’s long-term growth potential.”

According to a company spokesperson, "The company had to make difficult but necessary changes in response to headwinds that have affected our industry and our performance ... We considered every option and ultimately determined that this is the path we must take to achieve our mission and enable PacBio to drive long-term value creation.”

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?