Cutting minimum 50% of the work force to survive. More to come by the end of the year.
This company has about 17.29 B debt and may go into bankruptcy.
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I heard the same thing from a reliable source... Sr. Manager
My husbands schedule was changed this morning.
BS to 3,000 layoff and peoples schedule changing!! 20% layoff
Schedules for those in the field. Changing from an 8/6 to a 7/3,7/4. Also heard some are going to a 5/2,5/3,10/3. Some are going to 4/3 and some to 5/2. Some are saying this allows coverage with fewer employees but I would have thought they would change schedules after people were liad off.
bankruptcy?!? Possible but not likely. Despite the loss it's not impossible to stop or slow the bleed given the efforts to reduce cost.
What do you mean schedule changing?
Where are you getting this information? I am hearing that peoples schedules are changing today. If your schedule changes does that mean you are safe?