New layoffs across marketing, engineering and product. Not sure exactly but it was at least a 100 employees with the fender play team impacted.
Rumor is it was 1000 employees (not just 300)
Rumor is that the 300 in the press was all from US operations, and that there were 700 laid off in Ensenada!? Meanwhile management are all enjoying fat bonuses and paycheks
I see a pattern
CEO Andy Mooney seems to have a history of going to big companies and laying off in mass. Just look at his track record ... Disney...Nike.
Horrible Fender Management Practice: Laid the entire afternoon shift
Just fired, laid off. No notice and no severance. Who does that nowadays? It could have been handled much different. Many people were with the company for so long. Bad!
Fender Layoffs 2022
Please share any information you have.
Gibson in trouble, Fender next
Gibson is going BK, and that's bad for everyone, including Fender. They have issues with dropping sales, for some time they were able to offset this with rising prices, but they have hit the point where the customer just does not care. I think Fender... — read more