Uncle B, They do it all the time. It just isn't classified as a technical (legal) layoff as it falls under a given percentage. There are budgets allotted to handle that.
Ater the first 8% highly public layoff, Cisco learned not to do that again. Now it goes by stealth. The formal LRs happen when they just screwed up again on a larger scale. In either case, Numbers are numbers and Wall Street wants them. So, if a (ok, whale) shark keeps acquiring in the mouth, the shark must excrete some amount out the back.
#Math
Posts mentioning hashtag #math
Below are all the posts — topics as well as replies — that mention the hashtag #math.
Mention #math in your post to continue the discussion!
Simple Layoff Math
#math - Lets do simple math here. They said about 1% will be laid off. Over 285K people. That's less then 3K.. Ok there are how many stores?? Maybe what 2200.. If there are 13 Department Heads and they are keeping 5. That means according to what people think 8 per store fired right?? 2200 x 8=17,600. That would equal to over 6%. The 1% is an ASM or 2 per store. Department Heads will have new roles and time to find another job in the company.