Which of you finance nerds is able to tell from the restructuring costs if layoffs are coming?
8 replies (most recent on top)
@1brr Yeah seems like the packages have to change
$500 million will cover about 5,000 packages… maybe??
every 8k saves or reduces cost by a billion and costs 1-2 billion to give packages
Not enough unless packages are much smaller
$500m earmarked in Q2 for restructuring costs
handing out loaves and fishes
No layoffs.
I am turning this company around.
We will bring back the good old days and party like it’s 1999.
+1