How likely is that there will be Sherwin-Williams Co. Layoffs in 2019?
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Sherwin's stock took a plunge recently, like many others, and their sales forecasts/sales results are not on track. The Valspar merger contained requirements that a certain number of Sherwin employees would be part of the layoff. Although the Sherwin employees were told this would NOT happen, sure enough it did. The best part, is that Sherwin is hiring, but not those who were laid off (those individuals did re-apply for positions). Life is one giant circle, those who are laughing that they did not get downsized may be in for a surprise one day, deservedly so.