Do you think there will be Kennametal layoffs? Any chatter, news or rumors?
7 replies (most recent on top)
should not speculate should not wonder,only keep eyes on EPS,FY-result and share price:
and we see all fine,all solid and things continue as expected. Calita trained well
It seems so yes.
But reason for today´s state to search on the changing CEO´s
or probably on any others who´re long in their positions at....?
The workforce over many years nobody wanted to listen, still the case....
Kennametal’s strategy to meet revenue and EPS over the past 25+ years has only seem to come from three sources:
- ) Price increases
- ) Layoffs
- ) Plant closures
Long gone are the days of sales growth on new product development and outperforming the competition on technical skills.
It’s sad to say but Kennametal has become a commodity goods producer.
........follow on stock tradings
https://www.investing.com/news/kennametal-earnings-matched-revenue-fell-short-of-estimates-3427793
Tennessee?
Yes of course. Let us expect update soon here.....
https://news.yahoo.com/kennametal-plans-close-five-plants-183100726.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAB4GU8DbxXXGbC5D2zV6YN0lJXFo_YrrGriVmVJFqZ6WvnlsJOMYE4-ssaTDXmYAYacqiWIkNY1TlG530BwKG9NukMt5bpZeUCoaQVqA4b4GkLflbKbUFa2iAVsJf_bFDlocugFdTKRDd81aO49fHyQ-2OmmEsA69qzZ4ozedIqF