advantedge is Get rid of any employees over about 45 to 50 and get more new hires who can do the job better cheaper and more efficiently get rid of anyone older. Many many layoffs coming this fall and spring
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It's true. The company's commercial new hire program (Katalyst) is the biggest it's ever been with 14 college grads in 2019 (vs. 4-6 in recent years). This is to fill the slots left by the mass exodus of experienced employees in the past year. The funny thing is that Katalyst graduates tend to leave after 1-2 years, since they are extremely underpaid compared to their responsibilities and other companies are happy to snatch them up. Overall, this is a very short-sighted approach. Warren Buffet might have gotten wind of what's going on behind the scenes here and sold off the stock. Smart man.
Advantedge is what the higher ups are calling it... and it has begun.
Before you hire these new people, make sure they can spell advantage.
Where are you getting this idea?!
When you make millions you're pretty callous and uncaring and arrogant (almost laughingly ) when asked questions about layoffs. Oh well we are just the little people with our little lives and our no so little bills to pay. ...keep the shareholders first at all costs. Thanks Greg ! Hope they don't tell you to go home like you did the 57 year olds...
And what information, exactly, is this based on? Be specific.
Good old #AgeDiscrimination