I've heard there will be more layoffs soon, is there any way to know when? Somebody also mentioned some roles might be eliminated, is this true?
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That's exactly right. Silent layoffs have been continuous for several years. It will be interesting to see if MF rips the bandaid off after he officially takes over. He's a bean counter.
I would expect layoffs at least once a quarter until things turn around. They’re just executing a large layoff by cutting 20-25 people at a time so they don’t have to report to WARN or deal with the bad press that will follow.
IC here. I would imagine they would coincide with Q4 earnings report/MF becoming CEO.