Cuts in Stone House UK - saw this in comments... Is this FAKE NEWS or true story?
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The lucky ones got out of the sinking ship, its a ship that's going down fast!
true
Any cuts in management and non-value adding positions... no, thought not.
This is just the start. Olivier said that this current quarter will be the worst ever. Brace yourselves guys... $20bn loss over 6 months plus an oncoming hefty loss this current quarter is not doable.
Get rid of Expats NOW. You can feed 2-3 workers with what you spend feeding one expat. And the expertise will not necessarily suffer. Business as usual no more.
Correct. It was announced yesterday, 14 jobs across Mech Eng, designers, v&v and assemblers will be cut.