Lay-offs were arranged in NJ HQ Office, Moonachie and CN, along with a department of service field merchandisers for the licensee brands. Kept the people who do bare minimum, let go of the people who did their job but had timid upper management for support. The people who have kept their positions have no clue what they are doing. Insiders say they still have no clue but afraid to ask because it will show they have no justification their job can be done accurately. Upper management, VPs and Executive levels were changed in the "aftermath" and to have said they had no idea this was going to happen is a lie. Severance packages were paid out in installments based on "years of service", plus kick back/hush money for signing without rejecting terms on agreement.
Bumped from an old thread for good info, posted by @MkSknnY-2Nwpn.