Thread regarding PAREXEL International Corp. layoffs

I think we cut over 1000 people this year here at Parexel. Things will not improve and it seems that the executive line up does not care about our people any more. I know it's challenging and that it's super competitive in the whole industry, I know that other companies are laying people off but at the same time I think that we should do much better effort in order to keep top talent around and to be ready for the times when things will pick up and start improving. You cannot cut to the bone, remove muscles and tendons and expect the body to operate and run at the full speed. Layoffs may be a good vehicle to improve cash flow in short and medium term, but if Parexel executives think that layoffs will help grow the company, they are in for a big surpirse.