Thread regarding W.B. Mason layoffs

probably layoffs

if the numbers were as low as i’m hearing, and that’s quite lower than expected, i would suspect typical layoffs coming. run, don’t walk but run away while you can!’

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| 761 views | | 11 replies (last October 28, 2024) | Reply
Post ID: @OP+1v2GMAXe

11 replies (most recent on top)

and those layoffs will be coming , prob just after thanksgiving . if i had some advice to you folks still there: don’t be buying a house anytime soon .

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Post ID: @bxkp+1v2GMAXe

hang on......dont u mean "furloughs"?
that is the slimy mason way isnt it? that way they can avoid paying out to unemploymnt insurance coverage right??

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Post ID: @9vdf+1v2GMAXe

love the comments!!! notice a common theme ??? unless you went to the “ harvard of the brockton area”, it’s impossible to miss: mason is lower now than they were before covid . that’s not growing , that’s losing .

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Post ID: @7rhl+1v2GMAXe

Sorry, that's NOT a win.
That means you're contracting instead of growing.

And I venture a guess that that final number was fudged in some way or another, as it always was pre-pandemic by every branch I ever talked to (I was a sales manager, so trust me, I know). Probably in a way that means your customer got billed for something that hasn't shipped yet, like a furniture order that won't even leave the manufacturer for another two weeks. So when it all shakes out, you'll have created ill will with your customer as well as put the hardship on your rep, who will likely get a chargeback because the account will go in the 90 day bucket!

Is that winning? I think not.

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Post ID: @7bsy+1v2GMAXe

You must be in the accounting department. That’s why the attorney general is coming after you AGAIN for not refunding the proper amount.

“Stonehill college, where 2+2=$2 billion”

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Post ID: @6kmm+1v2GMAXe

No one can do math here.

  1. 2 million for a company that generates 1.5 Bil is the same as a salaried employee that makes 150,000 paying a $520 fine.

Impactful - probably not

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Post ID: @6loi+1v2GMAXe

Less overhead?

They’ve paid out $5.2 million in a commission settlement

The PPE Lawsuit

Now the MA attorney general is after them again

All the court cost and lawyer fees for these aren’t cheap. Plus the only court case they won on a nonsense blizzard lawsuit.

The margin is up because they are spending money like drunk COO’s at Shrine.

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Post ID: @2yiq+1v2GMAXe

That’s how they got to the $1.5 billion.

$300 million in real business
$700 million in bids
$300 million in MLB contracts
$200 million in over charging

Tiger blood! Winning! Sweaty!

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Post ID: @2lau+1v2GMAXe

must be that new math that they teach at the leo meehan school of business.

freshman curriculum :

creative accounting 101
customer ripoffs 101
how to avoid being ethical 101
bait and switch 101
how to sc--w employees — mandatory !

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Post ID: @1btc+1v2GMAXe

Which means more layoffs. LESS OVERHEAD. Your given business will not save you.

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Post ID: @1fsp+1v2GMAXe

lower #'s. Higher profits. All the same.
Let me show you how the math works.
1,000,000 in sales at a 20% GP = $200,000
750,000 in sales at a 30GP = $225,000
with less overhead. It's a WIN!

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Post ID: @1fdb+1v2GMAXe

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