Now that the third-quarter results are in and we know QVC improved in all aspects, can we assume that we are safe from more layoffs for a while? I know that before Qurate we didn't have to worry about layoffs as much, but now I just never know what's going to happen.
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Where was your roomate laid off from? A warehouse? Customer service?
They just laid off my roommate after hiring her 30 days ago. Her and half the new hires got laid off due to “changing needs in the business”
I don't know how you are seeing much of an improvement. Must have been from a company exec. OIBDA only improved marginally against a very poor quarter in 2023. Also the company has had 14 consecutive quarters of revenue declines and the customer count is dropping as well.
Margin expansion is nice - but until we get more customers and revenue the threat of layoffs and bankruptcy remain.