Execs just decided - push down to management, another 20% cut to be planned - get names ready now. Wants two tier - 10% and 20%. Managers not informed are on the list, or will do the dirty work and then get the axe themselves once they gave the bad news to subordinates.
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Clearly all the reductions haven't helped save the company or its finances, so reducing more headcount is only delaying the problem.....bankruptcy
Well that'sno ssurprise seeing that's all that'sl lleft. Managers managing managers. What a joke. Especially in Canada.
Any news about Ampscot?
Bugger all you can do about it, either keep going and bring in a wage until that last moment, or get out now
3 on our floor yesterday more to come this week
I say fire Bernard and some of the other upper echelon clowns that don't know how to manage squat
not 20%, WFT will be off the market
Chop the Chief and keep the indians
Meetings all day yesterday. They had a meeting about their next meeting. Let the axe fall already.