Heard from multiple reliable sources who make the calls......This will be the biggest one the company has ever had.....it is confirmed. Nobody knows about "when". It will include everyone from every department, every project, no matter the seniority. Even VPs won't be spared. Junior or Senior, it doesn't matter. Could be as soon as mid September or it could be 2 months from now. Stop the work and start looking for a new job RIGHT NOW. Good luck everyone.
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They have lay off every 6 weeks since they started in August.
How come there is no warn notice with recent boost layoffs?
Thats interesting with the stock at $75. What is Charlie going to do? Sell to TPG and retire?
lies
Which subsidiary is impacted? If it's all of them that's like over 6k people
So what is the “rapture date” to liberate the minions?
Got a confirmation from another SVP today that 50% headcount reduction is what every manager is told.......If the manager isn't told then the whole team is getting sacked..... Good luck everyone - find another job ASAP
@dj did you even read the post?
Why are they selling?
What does that mean? They still have company stock.
Check out the Form 4’s on ir.echostar.com filed by Execs and Board Members. They are cashing out big.
Steve Miller Band “Take the Money and Run”. This was always the forseen plan for the big exec payout…
Now?
@dj all teams. They got no job now.
Still no layoffs ! /
@dj no but ALL managers (the managers that are keeping the jobs) are told to cut around 50% of their subordinates headcount.
Do you know what teams?