EMAIL LOGO
TO:
All North Belt Employees
FROM:
Jeff Miller – chairman of the board, president and CEO
SUBJECT:
North Belt update
One of the unfortunate realities of this unforeseeable, dramatic business downturn is the impact it has had on our workforce. We began significantly reducing our workforce last month, and earlier this week about 1,000 North Belt campus employees lost their jobs. These decisions are immensely difficult on all of us, from the impacted employees, to the managers who relayed the news to them, and to all employees who will miss working with their former colleagues and friends. But, I want you to know that we believe the adjustments made are sufficient to adapt to the current market.
Recognizing it will not be easy, now it is time to forge ahead. Your teams may be smaller and leaner, but I am confident that you have the flexibility and creativity to adjust to these changes. I realize this might seem challenging when your plates are already full. However, I ask that you stay focused and execute your work to the best of your ability. You make a difference in our overall success, and I believe what we are doing today will guide us to a better future.
It will take commitment, endurance and determination to navigate through this tough cycle, but I have no doubt you will all rise to the occasion. We have never seen a combination like this — a global pandemic coupled with an historic deterioration of the commodities market — but we will get through it because of your efforts.
Thank you for your strength, your focus on execution and your leadership.
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