Vultures in this thread. Go find your stock tips somewhere else.
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Today is the day
It’s already started at some locations…
It makes sense from the financial perspective to do it in this quarter. That means either executing layoffs this quarter or announcing layoffs and taking the write offs this quarter and the executing them in the coming months. So either way, we should know something this week or on 4/1 about how the books are being recorded.
If there are no actual layoffs by 4/1, then I’d closely watch the earnings call for the next fiscal year to see what they have planned.
Maybe next week? Still in FY23 until march 31…
Historically, Wednesday seems to be layoff day at this company. I would expect it happen today, but I haven't heard anything yet.
Any info?