I would just be prepared to see widespread restructuring of roles in the first few months as they bring in the new leadership hierarchy. This was not uncommon prior to bankruptcy. We saw Hoffman do it as a method to thin the workforce in underperforming business units - or even in strong units like home services. Roles were combined and some employees had to re-apply for their same jobs along with taking on additional responsibilities with the same or lower pay. This is one way the new leadership will control the optics and message internally by saying "we're not laying anyone off, we're just restructuring roles". Eddie's "transformation" was born from this. Those who don't qualify for the new roles (i.e. requiring specific degrees or experience) will be offered alternate roles that drastically reduces their pay or forces relocation without assistance. Those who don't take the offered roles will have to resign, thereby not creating layoffs.
2 minutes ago by Anonymous | no reactions
Post ID: @XyrzOZP-1pmv