Thread regarding Whirlpool Corp. layoffs

So, there will be layoffs, again?

The tough US housing market is hurting sales of big-ticket home appliances, Whirlpool says

  • A tough US housing market is weighing on sales of pricey home appliances.
  • Appliance maker Whirlpool slashed guidance in its recent earnings release, citing weak housing market activity.
  • US home sales fell in June to their slowest pace in more than a decade as median home prices soar.

https://www.businessinsider.com/us-housing-market-hurting-home-appliance-sales-whirlpool-real-estate-2024-7?op=1

by Anonymous
| 461 views | | 1 reply (July 29, 2024) | Reply
Post ID: @OP+1tGvg6KC
Comment! It's anonymous!

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It's amazing how an appliance company that has seen its fair share of housing bubbles and bursts, that it still doesn't know how to navigate the waters. Was all this a surprise? It shouldn't have been. But when you push DEI and get incompetence that forments a rot from HR to the managers, this is what happens. Great job Bitzer. You played yourself.

by Anonymous
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Post ID: @4xlq+1tGvg6KC

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