layoffs are not the way to address the financial problems and the commitments made to wall street. should there have been 'some', yes, but what we are going through is absurd
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Agreed as well. The problems are a result of the cumbersome processes and systems, and not enough people to get the job done rigbt and quick, so the customer goes elsewhere. Also focusing too much on the too high quotas, and less than average salary causes high turnover in customer service, which is really just sales, so the reps lack knowledge that comes with tenure to serve the custoner appropriately. What appears to be savings up front causes long term loss that can't be measured except if they think hmmm maybe this method isnt working.
Stock is $19.01. Stock is going up. Not sure what you mean by tanking. It’s going up. It was previously $13 in November of 2017
Stockholders seem to love layoffs. And L3 knows this. Stockholders, for the most part , don’t seem to care about how L3 gets the $ to payout dividends. They just want $ in their hands. Just try talking to some of them about how horribly run this company is. No one will believe you.
I agree, they think this will stop the bleeding. And chalk it up to the merger, but we all know how this company is operating. It is going to back fire one day...soon.