Anyone know the current and future state of the Morris Plains office? When is the closure?
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Rumor I heard is a large number of employees will be notified around year end 2021 that positions will be relocated Q2 2022.
I would think the Morris Plains Office and it’s employees would be a very expensive office location and accompanying salaries to operate. I would assume the number crunchers have financial projections regarding it’s closing, RIF’s and benefits of hiring employees in a new lower cost location, new employees and how much saving of money each year it closing would add to the bottom line. Any one care to guess regarding annual savings from it’s closure and redistribution of the work force to lower cost areas or regions?
Where will the folks working out of the Morris Plains NJ offices end up once it closes?
Not announced yet, but the office will officially close on Nov 1st.