Reductions in force are happening across business units. To be concluded by end of Q2. Several hundred people globally, but heaviest concentration of layoffs will be in NA. Zebra is suffering from down markets for hardware devices. And acquisitions of Fetch Robotics and Matrox have been outright disasters to this point. The supply chain and Kenosha distribution facility fiasco compounding financial pressures. New CEO Bill Burns feeling pressure right out of the gate.
I'm reposting this into a thread because it's important info that is easily missed. Originally posted by @5fqa+1mm8EnLo.