Talks of another wave coming
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HLE sales is done as plans to shut down HLE operations in coming. Full off airport closure will allow them charge HLE cost to SG&A thus inflating the EBITDA which will make the P&L's look better and get the leadership their big bonuses even though the business is not getting better. Then Car sales takes the next hit. Retail used car market is done. Just push them to auction.
“Dang just heard major cuts this week before month end. Whats left of sales is gone.”
Car Sales, HLE Sales Ops or Corporate Sales?
Dang just heard major cuts this week before month end. Whats left of sales is gone.
The Plan is to cut IT & Product upto 50% . Dozens are already leave the organizations.
Is it really a wave when is just ongoing?
any additional information on this? what are you all hearing?