As far as I've noticed, the main strategy of our company is growing profits by cutting costs. Usually it's a sign of dying company.
Do those at the top really think that is sustainable in the long term?
Until when will this be the only strategy?
It’s awful what’s going on with TR, and this used to be a great place.
That’s ok the company gave us “Juneteenth” off as well as two mental health days so it shows that they really care. You are valued
@2kxp+1e6xK9QJ They want to sell in the US, but not employ in the US.
It depends which side of the table you sit on. If you are one of the top executives getting a 2 million dollar stock bonus for shipping jobs out of the US, it is a great strategy.
If you are a Thomson employee who has been part of the family for a long time, you are fracked. They will give you a cr-p raise next year so they have more left over for their bonus and shipping more jobs somewhere else.
Don't they have a new building going up in Gdansk, Poland?
Cutting costs without improving the top line is a short-term profit-increasing strategy. The OP made the right observation - "this used to be a great place." It isn't any longer.