Right?
5 replies (most recent on top)
@vp Correct, managers met with most employees about the 800 person layoff on December 4th 2024 - one year ago today. That meant the actual separation dates were in early January. That may have cost Solventum "extra" money which would explain why individuals were laid off earlier this round.
@jj
My bad, it was 4th December 2024. So, watch out this Friday!
2024 layoffs were announced around 13th December. So it is not too late to have your layoff announced.
Expect the expected with Bryan.
More Christmas layoffs.
More external hires at SVP with two year contracts and signing bonus.
Share price trading in the 70s or low 80s a year from now.
No dividend for years to come.
Bryan gets a raise from his 40 million.
If SOLV shares were an insect, It would be a stinkbug
Not at all - it happened last year (2024) on December 8th or the week of - numerous professionals were prevented from experiencing the joy of Christmas being employed for a Solventum strategic initiative- layoffs.