Thread regarding New Balance layoffs

More New Balance layoffs to come

I've heard there will be more layoffs in addition to the 100 that took place last week. Does anybody have more info on it?

One layoff round was enough of a shock, I don't think many of us can handle having another one hanging over our heads.

Hopefully it's done with as soon as possible.

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| 3053 views | | 4 replies (last November 20, 2019) | Reply
Post ID: @OP+125MC4FZ

4 replies (most recent on top)

NB is currently very profitable. My guess is they're trying to increase value to prepare for a takeover. Jim Davis is very old, won't walk the earth forever. The weak severance for loyal employees, they should be ashamed. Hopefully someone can expose this toward their loyalists.

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Post ID: @2zev+125MC4FZ

Wouldn't be surprised, rare that it ever ends with one round no mater what they say.

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Post ID: @1pzv+125MC4FZ

Who is making these decisions?

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Post ID: @nap+125MC4FZ

Maybe right around Christmas!

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Post ID: @aif+125MC4FZ

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