What is extremely disappointing about how this was executed was that performance was apparently not a factor. I am not sure what message is being sent to the current employees?
There was always a belief that if you were a high performer, that even if layoffs hit, the lower performers would be let go.
Or, that a higher performer would be "taken care of" and offered a different role. That does not appear to be the case here. This sends a poor message to current employees, particularly with some of the new initiatives such as CI.
What does it say about how much this company truly values a superior customer service experience when they laid off some of the best employees at delivering that type of service? Early returns on QFC are also not very strong. Rough waters ahead for sure.