Anyone care to chime in here with the layoffs next week after the Q2 call?
2 replies (most recent on top)
Definitely will be interesting - everything seems very much in line with predictions, and last S&T quarterly said that 'target cost structure has been achieved' but that minor adjustments in specific groups might still occur. Which has definitely happened over the last month.
Looking at org chart, top level number is ~10k lower than last December (~15-16%)
Yes. Should be interesting to know if there is another cut scheduled. Should the recommendation towards updating the talent profile amid the 'challenging times' be taken as an indication?