Thread regarding Coherent Inc. layoffs

Sherman, Texas

At least 100+ were laid off in Sherman, Texas on May 10th, 2023. There may be more coming in the next few days. Alot of conflicting information circulating. How did they go from wanting to expand to this?

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| 1523 views | | 4 replies (last May 15, 2023)
Post ID: @OP+1myPmnsR

4 replies (most recent on top)

They really should be called incoherent with how they ran their business they ii-bib bought coherent for their name solely and are in debt to the tune of 2400% their earnings

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Post ID: @5cie+1myPmnsR

They started layoffs in NJ and the UK earlier this year. Hardly random.

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Post ID: @3irs+1myPmnsR

The way it was handled seems very fishy and was handled poorly. From what I understand it was random and no thought was given to who to let go and to keep. Those that remained still feel uneasy and don't trust that it will not happen again. Some dedicated and proficient employees were let go while some "problem children" were kept.

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Post ID: @2udc+1myPmnsR

There are no additional layoffs in Sherman planned other than the ones that were announced on May 10th.

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Post ID: @1xki+1myPmnsR

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