Like before Christmas in 2023 and their layoff is coming before the end of 2024.
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Yes layoff so folk can get a bonus in Feb.
Could a large reduction in salaried headcount mean 10% like last year or even more?
For those who haven't watched the earnings call, quote from KC
"We're in the process of taking another large reduction as it relates to salaried headcount"
Wonder which groups will take the hit? Sales, Marketing, Product Management? Maybe ELT. Buckle up.
Another stellar quarter delivered by KC, how does he keep his job?
Stock down to $57 this morning. Nice work!
is this a suspicion? a rumor? confirmed in the higher spheres?
i do expect it to happen, the recent changes of putting an aptiv manager on top of the CEO and also some aptiv people below him, seems a very graphic display of pressure from aptiv, it doesn't smells good.
Good!