AM I NEXT? NO LOVE AT PLAYSTUDIOS

Las Vegas, Nevada-based Playstudios, a developer and operator of free-to-play casual games for mobile and social platforms, has announced a reorganization initiative.

The reorganization will impact 30% of the company's workforce and more than 200 employees.

Chairman and CEO Andrew Pascal noted, “We are also announcing our newly instituted reinvention program. The program will meaningfully lower our cost structure, increase our profitability, and better position our company for long-term growth.”

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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT GREAT DANE

Chicago, Illinois-based Great Dane, an iconic manufacturer of truck dry vans, refrigerated vans, and flatbed semi-trailers, has announced a major reduction in force at its Danville, Pennsylvania factory.

The reduction will impact 151 employees, commencing in January 2025.

According to a company statement, As a result of the prolonged freight recession and the need to adjust our manufacturing capacity to align with current market demands, we are cutting back on employees in certain plants most impacted by the economic conditions. In Danville, 151 employees will be impacted beginning in January 2025.

All 151 employees have been notified of this decision. Great Dane will be offering each of these employees resume and interview training, as well as other employment resources, during this time.

We hope to be able to recall employees as soon as possible as some economic indicators show signs of the freight recession slowing. However, macroeconomic uncertainty remains high.

We have done everything within our power to retain our employees and keep operations running smoothly, but despite our best efforts, we’ve now reached a point where these actions are necessary.

Despite this temporary setback, we remain deeply committed to the growth of our business and to the communities that support us. We are determined to emerge stronger and to continue investing in the future of our company and the people we serve."

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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT PIEDMONT LITHIUM

Belmont, North Carolina-based Piedmont Lithium, a mining company specializing in the economic mineral recovery of lithium, has continued its reduction in force, moving beyond its 27% reduction in February 2024 to

completing an additional 32% reduction in October 2024 as part of an announced ongoing cost-cutting plan,

CEO Keith Phillips noted, “While lithium markets remain challenging, we have been successful in strengthening our financial position through reductions in operating costs, minimized spending on discretionary capital items, and the arrangement of low-cost working capital financing through a trading company partner. We believe we are uniquely positioned to deliver lithium hydroxide as a key resource to 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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?