The purging of management started years ago. Before the layoffs, many assistants and department managers were dismissed due to trumped up “safety violations”. At that point, the thinning numbers of department managers were never given an opportunity to advance- they were routinely ignored by dms and rms on visits. Their elimination was discreetly decided in “succession planning” meetings. These facts can be disputed and discussed but the fact that cannot be disputed is how the ceo and the board could authorize $6 billion in stock buybacks for a company that is currently worth $2.3 billion. Hello, you flushed $4 billion down the toilet. Then you come out and say that you’ll dismiss 900 managers to save $17 million. Brilliant maneuver- 900 managers gone but the ceo and board that authorized the ridiculous stock buyback is allowed to prosper. So now when the hr managers troll this site with pro BBB messages, please explain the stock buyback.
This is a repost of @YmYsaiq-1aln ‘s post that I found on another thread.