More layoffs?
WAGS going private?
10 replies (most recent on top)
Areas being 'spread thin' is not a reason for not doing layoffs. The company is in trouble and the management has no plan to get out of it. The only thing they know to manage costs is to reduce headcount.
Layoffs are not likely. Most areas are spread thin. Also going private is doubtful since there is no plan to get out of debt. You cannot really sell pieces except for boots.
Stock keeps going down and down. Sell it or not, company is in very bad shape. Mass layoff will happen soon. Leave asap
Source?
100% more layoffs. Another lawsuit for $100,000,000
The Court has preliminarily approved the proposed Settlement. To resolve the claims, the proposed Settlement will provide for $100,000,000 to be paid by Walgreens (“Settlement Fund”). As discussed below, all Court-approved attorneys’ fees and expenses, the costs of notice and administering the Settlement, service awards, and other costs will be deducted from this amount (“Net Settlement Fund”). The Net Settlement Fund will be paid to members of the Settlement Class (defined below) who submit valid claims.
Will the layoff happen before or after the company goes private? Any predictions?
When mass layoffs happen, finding new job would be very difficult. I am worried. I have few interviews these weeks, wish me good luck
Don’t like to see anyone lose their job but for my part, Walgreens can have my job anytime. Just not that invested.
They want to show the company is stable, get it ready to sell it. Massive layoff will happen, and when happens everyone will lose job. Good strategy is leave before that happens, asap.
- All of the above