Is it just me, or have we been having what amount to be bi-monthly layoffs this year? It's not exactly two months between each round, but we've had cuts at least five times so far this year. Will this ever stop? How deep do they plan to cut? Will they continue until they realize there is nobody left to do the work?
4 replies (most recent on top)
Layoffs and the sale of assets. Predicted and going as planned. https://www.inquirer.com/business/phillydeals/sungard-bankruptcy-wayne-private-equity-debt-hedge-fund-20190502.html
Upper management needs to go. Too many layers and losers like AD and KR left from AS regime. Company in death spiral. Leadership gets bonuses on what they cut contrary to a growing business which rewards on growth and paying for top talent. Think Apple and Google.
How many times are they going to change the sales strategy/hierarchy? Maybe they should focus more on having a product someone wanted to buy.
Thats what happens when you work for a POS company ...their main focus is cut heads and figure it out later... the customer suffers but that is not a major concern at all for upper mgmt trying to get their bonuses