Thread regarding Arrow Electronics Inc. layoffs

1300 people laid off at Centennial HQ

I was part of a massive group of folks laid off last week. Directors, Managers, Staff all levels affected (except VP's of-course -- when will they learn that the highly compensated folks that make the decisions are also part of the equation). Employee morale is in the dumps. Distribution margins continue to get squeezed and the future of this firm is in jeopardy.

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Post ID: @OP+PglYgsT

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That's because they spent an enormous amount of money sponsoring an Indy 500 car several years in a row and the board of directors want even more millions for their bank accounts!

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Post ID: @5mfjt+PglYgsT

VPs, Senior Directors and Directors were hit too. It was a horrible situation, as many of us were targeted because they couldn't afford to pay for talent any more. On to better things, and certainly not looking back.

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Post ID: @7kgx+PglYgsT

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