It feels like job security becomes more and more uncertain as time goes on. Have you heard any interesting rumors recently?
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Most important pm for ongoing strategy just left. Fire sale in summer.
Phone alerts crazy this morning. More going monday. US sales just trash but quest not gonna tri to deal with real issues or even imagined rabbit problems
It’s not official yet, but something is already going on.
Many support, CSE and Channel folks from both OI and Quest "whacked" today. OI has big problems that haven't changed over the past year.
Good grief! 2023 and Quest employees are still looking over their shoulders for layoffs. How sad!
Layoffs starting today
New owners are highly geared and as part of the normal process are trying to refinance the debt at a lower rate which is becoming harder based on the performance. They will try to cut costs even more to deliver a higher EBITDA and make the debt more attractive (safer) to the debt market. I wouldn't be buying non-refundable flights to kick off right now.