Am I the only one getting nervous over the fact that we're still without layoffs? It's starting to feel like the calm before the storm - and the kind of storm that will be remembered for a long while. I hope I'm just being paranoid.
7 replies (most recent on top)
KKR has only one playbook, cut headcount to improve profitability. It's predictable.
Simple formula: there are revenue and ebidta expectations in the plan for the year.
If revenue falls short, cutting cost is the only way to preserve ebidta margin.
How much cost to cut is a function of q1 q2 revenue numbers and expected bookings/revenue in q3/q4.
@OP Most of us sense large changes will be announced in August
It happened last year at the beginning of August, the start of a new fiscal quarter and half.
Cuts aren’t needed. People keep leaving on their own. Look at how many job openings there are. It’s not because of growth, it’s because they can’t keep people and half of the people that leave don’t get backfilled.
#DumpsterFire
KKR has one solution to our ongoing profitability decline. More cuts are inevitable.
I wouldn’t get nervous until after the next Horizon release goes out. That was last summer’s pattern.