Thread regarding Tyco Electronics Ltd. layoffs

This is despicable!

So TE Connectivity closes manufacturing plant, lays people off, and then decides to buy back its shares.

That's why so many people don't have a job now. So the company could buy its own shares just to artificially inflate their value. Something that is short-term and completely unnecessary.

This makes me sick.

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Post ID: @OP+VetPJC0

3 replies (most recent on top)

TE Connectivity had a big layoff and furlough in April 2020. Really poor company. It's complete amateurville there.

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Post ID: @9Akpi+VetPJC0

I’m the one that inclouded lay off by TE 2019

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Post ID: @32dim+VetPJC0

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