The results are in. Financials reported to the big guy on Wall Street. Analyst are happy .. so here we again . No budget for projects, no budget for defects, nothing getting approved. Lay offs are imminent . Blessings
7 replies (most recent on top)
Why does this company do so many layoffs? It is crazy. It is terrible for the people who are hurt. It is terrible for the company.
Don't forget to adjust your 401k contributions and tax withholding
There are a lot of layoffs every spring, that is why they are imminent.
If they're willing to cut employees in a good job market, that's their loss.
What would you expect spending close to $2 billion buying back company stock in 2022.
I'd have to say, we go through it pretty quarterly where we report earnings and either layoff right before or right after. I will also say that the all associate townhall was incorrect and filled with things that are untrue. Reporting on metrics that were untrue just shows how out of touch our senior leaders are. They need to get people that have no problem showing them that things are broken but attempting to get fixed.
Why are Lay offs are imminent" if we posted good results and Wallstreet is happy?