Thread regarding Sabre Holdings layoffs

Sabre Stock

Sabre stock is down around 12% Year to Date and around 24% in the last year.

  1. Why is the stock down 24% in the last year if things are going on fine ? ( That's the message I got from the CEO townhall meetings)

  2. Who is impacted the most due to significant ups and downs in the stock price ? Hint - Not the Sabre employees.

At this time, there are no new revenue lines, new customers or growth coming in. So the only way to boost the stock price is Cost Cutting, which in this case means employee cuts in DFW and other high cost centers. There will be token cuts in the low cost centers.

Think about who benefits the most from the Stock jump and the answer will be clear on why the cuts are coming

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| 4036 views | | 10 replies (last July 20, 2017) | Reply
Post ID: @OP+Oj6ycat

10 replies (most recent on top)

HUGE DEBT!! The board just want to trimmed the fat to make it more attractive before offering for sale.

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Post ID: @3wus+Oj6ycat

Lol, stocks are granted on a perf basis or for accomplishing smth. If you don't have any then you are deadwood. Deal with it and stop being a cry baby. Also, a machiatto... You are 60 or what?

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Post ID: @3bay+Oj6ycat

Sabre layoff are for cost cutting, and not focused on cleaning poor quality settled for long time.

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Post ID: @3zha+Oj6ycat

@Oj6ycat-xqx best comment I have read here. We are just numbers but we will be the same in any company.

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Post ID: @1esy+Oj6ycat

@Oj6ycat-1vha - Your comments reek of someone who has 40,000 shares bequeathed a year to burn. Those silver linings make getting canned easy on people like you, but not the working class. Get back to your gold laced machiatto and fook off.

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Post ID: @1wgy+Oj6ycat

@Oj6ycat-1vha, don't you have anything more interesting to do than writing in this blog!? Or are you just one more piece of deadwood?! You see outside what you have inside 😉

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Post ID: @1vbi+Oj6ycat

So much deadwood at Sabre... Of course they are freaking out. They're going to have to buck up, find a new job and do some actual work.

Your days of hiding behind worthless projects for YEARS are over and I hope they really clean ship. My stock is far more valuable than some deadwood.

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Post ID: @1vha+Oj6ycat

Well said @Oj6ycat-xqx!!! Do any of you know the term 'resilience'? It is the ability to overcome the 'bad' times seeing them as opportunities! If something 'bad' happens to you (i.e. a layoff if you want), take it as an opportunity... to discover what you really want to do in life, to learn about you, study, etc. If you are a good worker with good values, it will be a matter of time that you get a new job, either Sabre or somewhere else. Feeling like a victim will take you nowhere... it all depends on the attitude!

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Post ID: @1aep+Oj6ycat

Exactly.

Guys, all you crying here behave like kids. Apologize for these words but it is true. You forgot one, the most important thing in brutal capitalism - money rules. That's all. All we employees are the numbers in MS Excel only, nothing more. You curse on CEO and the whole company. You go into deep emotions. It is pointless. You are wasting your energy as nobody in management wants to listen to it. Just take your personal stuff from Sabre and change the company. Look at the future only. Your future. Sabre is neither beginning nor end of the world.

I was laid off in Spring, took it without any regret/sorrow/bad emotion. Just mobilized myself and now, after 3 months of searching for another opportunity I'm in another company. And don't have any doubts that they'll let me go only if the business case requires it. Because the whole world is the business only and it is on our hand how we'll deal with it.

Best regards to all of you and take care!

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Post ID: @xqx+Oj6ycat

Uhhh, all companies work this way. Move on.

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Post ID: @kqw+Oj6ycat

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