14,600 employees * 0.05 (or 5%) = 730
Employee Counts:
"five manufacturing sites on three continents with approximately 14,600 employees"
Page 30.
SEC Report 10-K, published March 2022
https://investors.gf.com/static-files/49c272c7-45e0-4d38-a7f9-a22aaa288694
That's 5% by end of this year. Expect to follow IBM path to greatness of laying off the older, experienced more expensive employees every 2 year and replacing with NCGs.
more than that based on the reliable source.
Yeah we know…but welcome to the party anyway.
Isn’t it five percent notified by Christmas? That doesn’t include Germany. They won’t be laying off India I am sure which has about 750 people
I'd bet the biggest cut will be in the USA - that's where we pay the highest wages
notifications will be sent by dec 12
all of this was confirmed on a call today