I'm hearing this is only the beginning that there is a bigger round of cuts coming right after holidays
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SW marketing teams will be "reevaluated" in Q2. I would speculate it will include other refinements based on whatever numbers they are looking at?
If there isnt another round coming, they need to tell us. Deny it.
It's certainly a possibility, although after a restructuring like this they will probably wait a fiscal quarter or 2 to see the impact before making more dramatic cuts. That being said, if sales and stocks keep tanking at this rate we could see changes at the end of Q1 (mid January).
They are structuring themselves for a buyout.
Confirmed by an employee. More cuts in January
There is a dozen threads here saying that the mother-ship is about to be purged - so, layoffs in Austin big time - we got so bloated over time that I do not doubt that.
I heard nothing about that today. I would doubt WFM wants to generate that much more negative press. It's likely they'll be making another poor report to Wall St for Q4, so forcing through more layoffs would scare investors even worse. Overall the company's balances are strong. I suspect this is mostly about the exec team trying to save their jobs as they've been making unrealistic promises on returns for a long time and investors are growing weary. Methinks the WFM board meetings are becoming a bit awkward these days.
Not false, absolutely true. Don't buy into anything the company shills are saying. They reassured us so many times before, it's all lies.
Totally false.
I would bet on it.