With consultants in the mix, I can only expect “right-sizing”, “efficiency drive”, or whatever is the fancy term these days for good old “getting a boot”.
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Scotford is expecting around 100 jobs being cut
Yes there are more layoffs coming. There are more LOBs having calls with their reports next week. I assume the PTX announcement was made in the call on Thursday.
Robin the axe man at his finest. When do such overrated and overpaid folks get the boot?
Where can you see that? About PTX?
PTX announced 200 job cuts. Who is next?
Make no mistake, there’s a pre-determined bottom line cost cut amount designed to show “decisive action” and “responsiveness to stakeholders and market conditions”.
(A) reduce staff and investment to emphasize efficiency; then…
(B) expand efforts to optimize value-driven opportunities.
Note: following both (A) and (B), seniors leaders receive big bags of incentives for “foresightful, steady-hand leadership”.
Just gotta know the right jargon and it all becomes believable.
The way I look at it… the executives already know how they want to do layoffs. They just need to bring in an outside party of consultants to place the “blame”
The McKinzie consultants should be thr first to get the boot