Anyone have any good information on possible layoffs coming. I saw several threads talking about lists being put together by VPs and something about this happening in early May. Any truth to that? There was also something about a furlough. But 90% of us that are non-essential onsite is already telecommuting for the shelter in place orders. What's the story?
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There is a dispute among shareholders. Short term holders want us to cut costs. Long term understand this is a short term phenomenon and once economic activity picks up, business will be fine. We'll see who wins. Walt is on the side of the long term holders right now. Asking VPs to come up with lists for layoffs might just be an exercise of good faith to shareholders.