Thread regarding Cubic Corp. layoffs

RIF on 4-9

Cubic just cut 200 jobs without warning.

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| 1808 views | | 7 replies (last April 27, 2024)
Post ID: @OP+1rYezWY3

7 replies (most recent on top)

Employees are now severely overworked and overwhelmed. Any further layoffs will be an amputation.

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Post ID: @hhil+1rYezWY3

Not sure where that number comes from - but from what our team has seen it's way less than that.

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Post ID: @bvxy+1rYezWY3

to be clear 548 positions cut at Cubic Transportation! This does not include any layoffs at Cubic Global Defense.

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Post ID: @5smi+1rYezWY3

Total positions cut by 4/12 is 548 as reported in Schedule to the MOA given to affected employeeds.

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Post ID: @5djq+1rYezWY3

Company is in late stage of downward a classic corporate death spiral. Layoffs are picking up frequency and have gone beyond “efficiency streamlining” into the realm of insanity. Laying off 3/4 component engineers plus their manager and then expecting the remaining junior engineer to somehow pick up the entire team’s work. Many more examples like that.

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Post ID: @5qmw+1rYezWY3

Faceless company taken over by mercenaries without any idea what they are doing. Lurching from one mess to the next, multiple lay offs, crazy off shoring disasters, CEO dangerously incompetent

Company going to end up liquidated before anything changes. Shambles of a place

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Post ID: @1gmq+1rYezWY3

They're cutting into the bone now. Cubic is dying - quickly.

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Post ID: @bsy+1rYezWY3

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