Any updates on North America locations?
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CHPC Ardmore started layoffs today unknown how many just got to work and heard about it from my boss
Yeah, 1 year pay to retire if 20+ years. Another 40-50 next week there
Heard that they laid off around 50 at rankin road today. Also heard they are talking about offering early retirement too.
Basically on a revenue to headcount ratio on a monthly basis right now.
Layoffs will likely continue through the quarter and if demand doesn't come back soon will continue through next quarter. Unfortunately the company's loyalty is to the shareholders not its employees.