10% this year company wide. 5% in June and 5% in October to stay below the warn notice. Next year gets even better at 15%. Have fun everybody!
Is this true?
4 replies (most recent on top)
@fq I dont know anything about % cuts, but I do know we are definitely not in retention mode.
I think we all should continue to expect rolling layoffs for the remainder of the current administration’s term. Good luck peeps!
@OP 5% would trigger warn notice. Although they might not care about it anymore.
How would it be confirmed?
But of course not but stagnating layoffs to avoid public WARN notices that could leaked in the news creating reputational home when pulte is working to create a perception of value is counterproductive.
I personally feel there more in a retention mode. But we also have a CEO that’s settled in so I’d expect change and reorganization of assets. But that is usually at upper management etc. you see it every time there’s a change in leadership they will ultimately what to influence their own change and strategy. Does not mean mass layoffs.