Is this a real simplification and an efficiency measure? Maybe? But it may as well be cover for offshoring to TII + Contractors. I do have tendency to be paranoid tho.
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They eliminated our US director so everybody reports directly to India now. It's not hard to see which way the wind is blowing.
I fear you might be right. Just look at the language from Wall Street:
“Management is looking for quick wins to buy time for ideas that may take some time to generate profits.” - Jason Schloetzer
"We expect more restructuring activity to take shape in coming months - potentially post the peak holiday period - opening up re-investment opportunities for a struggling, yet potentially fixable business." - Mizuho analyst David Bellinger
It depends on how it's implemented. It's likely hugely tricky to fire the right people.
I don't think you are paranoid we all feel the same way