Heard platinum hired McKinsey to come in and cut the fat. A “re-org” is on the horizon. Anyone have any details/info on which departments will be affected?
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This makes sense with the recent announcement that there will be no bonuses and bare minimum merit raises this year. Second best year in company history, but here comes the sla-ghter!
I've heard Production/Project Management and Permissions, not sure if there are others. McKinsey also made recommendations to replace photos in products with AI, and to outsource even more work than we already do. Platinum also may be trying to/already have sold MH, and this cost cutting is part of the terms.