Also, you can expect Apollo to go after cash flow, they will load us with debt, and cash flow will be redirected to them and they will service loans with our cash flow. To free up more cash flow, Apollo will lay off a lot of people at ADT so they can milk the flow and pay less in wages, that's how all private equity works. You can expect this in the second half of 2016.
2 replies (most recent on top)
Many layoffs of employees!
Employees replaced by contractors + Indian IT outsourcing
There could be layoff in Protection1 as they have many temporary resources, outsourced product etc. ADT being well reputed stable company they have inbuilt software solution for all the module. ADT has more client than any other Home Security Company. Saying ADT is proud than Protection1. So ideally Layoff will not happen in ADT.