Have to keep those shareholders happy. Seems like anyone with 15-20 years with the company is getting the axe. The days of the gold watch are long gone. This place has lost its soul and will grind you under its heel if you allow it. The Sylmar environment is toxic and morale is pretty low. Amazing what management thinks they can get away with in this tough job market. People get overworked and under appreciated. But hey, at least we got a new gym.
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@ETu5SHW-xfu - it's all about stock price and dividends
Times have changed, not it's all about the dollar and nobody cares about the worker any more
How was Sylmar affected? Anyone know?
What IS management getting away with exactly? This comes down to our sales (shrinking market) overall and the fact the market is saturated. If CRM is not making money SJM as a whole is not making money.
Sjm severance package is still one of the best that i have seen. People thats been with the company for years has gotten at least 6-10 months package. If thats mot enough to find a new job i wonder how is that sjm's fault
I only spent a few months there (Sylmar) - it was a very bad professional experience. Good luck to all of you and God bless