observed that none of ELTs or >95% tier 2,3 and 4 management remained in position while almost no changes at entitlements i.e. enjoying "exclusive incentives/benefits package". Trim a few ELTs with theirs' packages will safe hundreds of job, if those slim fit trimming include tier,2,3 & 4 of 30% perhaps saving thousand jobs who contribute directly or produce revenue.
It doesn't make sense to keep loads of so called higher management in the pool whom will not directly impact potentials, prospects neither customer growth of existing businesses at performer for performances while those hard core stems contributing stability, advancing the growth is being removed! Weighed greater on higher management in the pool will definitely won't provide greater revenue and profit growth other than adjusted NUMBERS, isn't the logic won't work except short term number game by higher management ?
Headcount/Revenue/Hour, Reshape by reduce 2 ELTs plus 30% tier 2,3 & 4 Higher management will contribute double digits SG&A reduce/change while those will safe thousand of jobs while in exchange of future growth potential, expanding the horizon by no recurring investment with current facilities. Presume a slower pace at EBITDA change but steady..... SG&A stays by trim Productivity cost is good but not wise on removing roots of the tree (headcount). Short sighted on short term gains/game.
Time for change from TOP!