The CEO just sent out a company wide email saying more layoffs will be coming in next couple months. Looking for volunteers to quit first. They need to reduce employee related expenses by 7-8%.
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What type of acquisitions?
Post and his incompetents staff need to go. They have no vision. All they are concerned about is penny pinching while making unpopular acquisitions.
Is anyone really surprised at this point? Business has been in the toilet.
Not yet, he says more info will be available in the upcoming weeks and that he's sorry.
any more detail