AM I NEXT? NO LOVE AT AMPLIFYBIO

West Jefferson, Ohio-based AmplifyBio, a biotechnology company specializing in customizable preclinical contract development and manufacturing organization, has announced that it has closed and ceased all operations.

The closure impacted 212 employees.

According to the company, "This decision comes after months of tireless efforts by the AmplifyBio leadership team, investors, and other key stakeholders to explore and exhaust all investment and acquisition possibilities. It is with deep sadness and gratitude that we announce the closure of AmplifyBio’s operations. Like any startup, AmplifyBio's growth strategy relied on meeting revenue targets and a supportive investor climate. At the time AmplifyBio launched, market conditions were favorable for early-phase drug development. That market sector has experienced a significant shift over the last couple of years, leading to a scarcity of investor financing for early-stage biotech companies, which greatly impacted the ability to grow."

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? IS THE HANDWRITING ON THE WALL AT CAPITAL ONE OR DICOVER

Capital One & Discover Merger: What It Could Mean for Employees

With the proposed McLean, Virginia-based Capital One and Riverwoods, Illinois-based Discover merger making headlines, it's important for employees to stay informed.

A major driver behind mergers like this is cost savings, often achieved through streamlining operations, consolidating departments, and increasing efficiency. While this can strengthen the combined company’s competitive edge, it can also lead to workforce reductions in overlapping areas.

As with any large-scale merger, structural organization changes and the potential elimination of duplicative functions are key considerations. These shifts can impact roles, responsibilities, and overall job security. Staying proactive, informed, and adaptable will be critical in navigating the transition.

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 TELEFLEX

Wayne, Pennsylvania-based Teleflex, a provider of specialty medical devices for a range of critical care and surgical procedures, has announced the closure of its Maple Grove, Minnesota, manufacturing facility by March 2026.

The closure will impact 101 employees, with separations beginning on July 1, 2025, and laboratory and manufacturing operations ceasing on June 30, 2025, with the exception of the company's Gelflow product line, which is expected to end by fall.

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?