This transformation, although necessary for the long-term health of the company, involves difficult decisions, including layoffs and plant closures.
Looks like things are going to get worse. Not much long-term career growth but seems like a lot of musical chairs. Your "friends" at work will quickly become colleagues as you battle for a post-layoff seat.
https://businessnoted.com/stanley-black-decker-layoffs-restructuring-closures/