Been a while since hearing anything about it - another buried initiative or is this still continuing?
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There was a comm on this today - complete non update.
Folks, a 3 year plan is a complete joke and anyone with a brain knows it. They can’t even manage the next quarter. It’s a smoke screen for delayed pain. This company is a use case for what not to do.
First, don’t run off your clients with bad service and products. Two, don’t get rid of all your super smart innovative employees. Three, treat employees well they will take care of clients. Four, they take away more than they give to you it’s time to go. This company is in survival mode and not looking very good. Those that are optimistic are pipe dreaming. Low stock price is reflective of the s__t show it really is. Hiring headline C-suites is a Hail Mary. Major lawsuits by investors is a huge headache with pain ahead. Clients will not come back. Would you??
Anyone know if tomorrow is still the day for large layoffs? I would think they would hold out until the 1st or 2nd of the month. at least.
@a4 that's why I never contributed to it.
At least one SVP has resigned
Layoffs are already happening. It started two weeks ago. We all knew it would lead to this. Saving cost means getting rid of people from your books. All those saying ‘oh about time project elevate happened’ when first announced, were naive to believe that this company was different.
Agreed with @a4. My manager hinted at Big layoffs coming from it.
Continuing and will be used to cut jobs as per Investor Day presentation. They pressured you to give ideas to cut your own job.