Is the new portfolio approach sent out by the CEO connected to another round of RIFs? Looks to me like a reason to drop even more management and employees to save costs. Any information on that?
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We're cooked
Clear as mud. But reading between lines, folding structures = cuts to staff.
@OP tell us what tf that means for us, not just corporate blabber
@OP they are talking about a cross-functional leadership. Does that mean they will throw out some directors and move people under a smaller number of them?
Maybe we find out more on the call this morning.
I don't think that was addressed apart from the corporate communication. Does anyone have any information?
@OP Is it smart to expecting anything else then RIFs and cost cutting from this company
@OP probably trying to make the overall headcount smaller by giving people more tasks as part of „portfolios” and riffing the others. Will see.