Thread regarding VeriFone Holdings Inc. layoffs

2016 Job Cuts at VeriFone Certain

This was all over the news lately, VeriFone will be laying people off and things are not looking good. In short they are laying off folks and will take a 30 million dollar charge to do so - typically, a single person layoff costs about 100K so you can extrapolate numbers here and figure out that about 30 people will be let go.

I left VeriFone in 2015 and I still known many people over there - I have no insider info though - I am just speculating about possible outcomes here.

Cheers and I hope all turns well...

http://www.marketwatch.com/story/verifone-plummets-after-paring-forecast-announcing-layoffs-2016-06-07

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| 2581 views | | 2 replies (last September 8, 2016) | Reply
Post ID: @OP+HNvWeV4

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I heard this company does financial background check on senior management level new employees. Is it true?

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Post ID: @1uvrv+HNvWeV4

Post any updates here if you have them...

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Post ID: @bkc+HNvWeV4

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