1 week? 2 weeks? A month? Who is next on the chopping block? How many are leaving voluntarily to the stress?
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I've heard there will be layoffs every 2 weeks. Also heard the target is 1,000 people in Webster. There are 3,500 employees in Webster. I wonder if anyone has notified the government that this is happening. They're laying off small numbers so theyre under the radar.
The problem is the future of the company is not to develop new products but simply to be packaged up for an attractive sale and Icahn to get paid.
The 40% includes those already cut. However, I just do not see how the company can function, if it wants to develop and market new products.
40%?!! Are you kidding? That is crazy. How can the company even run with that many more cut?
I do not know when the next round is, but I have been told the target is around 40%, in total, to be let go. My understanding is that we have not even reached half of that. That means there will be more layoffs ahead then we have seen in these last 2.
I’ve heard it will continue today with everyone whose job is not customer facing being the most at risk.