After many ups and downs since the last lay off in 2014, Faro Technologies is doing it again.
on February 20th, 2020 the company laid off over 300 employees.
They are heading toward another round of layoffs towards the end of 2020, cutting almost 20% of the total employees.
Due to terrible leadership, poor organization, terrible serious mistakes, and mismanagement, this company is heading toward the wrong directions.
3 replies (most recent on top)
The layoffs are just your regular cleanout cycle. They so this every so often. They get rid of the skilled "overpaid" employees to make way for lower paid new hires.
random cuts, it was BullSH#T
I am interested in how the layoffs have been handled. Was it a precision cut or just random cuts initiating a hire and fire cycle?