It's going to be such or similar phase to justify leaving many people without their livelihoods at the time when the job market is at its worst and prices are skyrocketing. What a cr-ppy way to treat loyal employees who've left many, many years at this place.
1 reply
Stock is down 5% today. Cheap companies like this don’t even pay a dividend. How do they justify reducing their workforce when your dividend is being used to boost CEO bonuses not grow the company?
The market punishes this kind of fraud.