What's the latest news on a layoff at headquarters? I keep hearing rumors about restructuring and potentially a layoff in the coming months.
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The big "re-organization" was yesterday (9/18) - most people in management above manager - got demoted in title if not in $$. After 500 were let go in management. I almost feel sorry for the people left. Not sure if it's true - but I heard they announced no raises for 2 years.............. Somehow I doubt that includes the upper management.
Something similar to CSX management layoffs to include foreman Generals and shift planners. All cuts are to please the investors return. The management cuts seen a few years ago is nothing to what is coming.
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Yeah, this smells like a spam post.
Will buyouts be offered?
September minimal
Headcount reduction coming.