AM I NEXT? NO LOVE AT TEGNA

Tysons Corner, Virginia-based Tegna, a broadcast, digital media, and marketing services company, has announced a cost-cutting initiative that will centralize broadcast services and implement artificial intelligence services.

The centralization plan will impact hundreds of Tegna employees nationwide.

According to executive vice president and chief operating officer of media operations Lynn Beall, "Today, we’re sharing that we’re centralizing our marketing team. This team will share the same goals as stations – growing audience and revenue.

We know this change won’t be easy, but it is a necessary step to becoming more focused, effective, and strategic in our marketing efforts. This will eliminate duplication of work and allow us to apply best practices across the entire organization.

The team will oversee key areas, including the growth of our stations and audience, digital marketing, consumer insights, community engagement, commercial production, and strategic initiatives like sponsorships and sports. This structure will include regional marketing leaders who will oversee multiple stations and markets. We encourage everyone to apply for roles on the new team.

Unfortunately, because not everyone will have a seat in the new structure, we have also created a transition period for marketing employees through mid-January.

We’re very thankful for the hard work and dedication of our marketing teams and the positive impact they’ve made in serving our communities."

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 SUMITOMO RUBBER INDUSTRIES USA

Tonawanda, New York-based Sumitomo Rubber Industries USA, a global tire and rubber company, has announced the closure of its Tonawanda Sheridan Drive tire manufacturing facility.

The closure will impact 1,500 employees.

According to a company spokesperson, “While the company did implement cost-control measures, efficiency enhancements, capital investments, and other improvements over the last several years, these changes have not offset mounting financial losses at the facility. We regret to inform you that after a very difficult decision, SRI has decided to close the SRUSA Tonawanda facility effective immediately. This decision was not made lightly, and we understand the significant impact it has on each of you, your families, and our entire community.”

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 STYROPEK USA

Houston, Texas-based Styropek USA, a major manufacturer of expandable polystyrene, has announced the closure of its BVPV Styrenics chemical facility in Monaca, Pennsylvania. The plant makes the polystyrene beads that go into styrofoam products like cups and take-out containers.

The closure will impact 140 employees in January 2025, with the plant's total closure expected by early 2026.

According to Andreas Plettner, “When we purchased the Beaver Valley facility in October 2020, Styropek knew it was an acquisition of an aging facility. While we made progress in better operationalizing the plant during our roughly four years of operations, the industry has continued to evolve, and the economics of the current market, paired with our long-term goals and sustainability initiatives, make continued investment increasingly difficult.”

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?