I was thinking at the end of the quarter in March. This would give the new owners a month to operate, before they start cutting..if they do.
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Layoffs were today! Over 200 FTFs laid off by teleconference.
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I heard end of next week.
You will know when HR or your soon to be layed off supervisor tells you
Oh wow so you have seen the business plan for the first 90 days! What else did they show you are we getting raises or more vacation time? I hope it's vacation time when are you supposed to meet next with the new owners? You must be really important to have this information.
They can't change anything for a year, where did you come up with that? They aren't buying it to continue "business as usual". There will be huge changes in the first 90 days then additional changes through out the first year.
to-"New owners can't change anything for a year", perhaps that refers to large layoffs, but it most likely does not refer to 'performance' firings. Bear in mind, this is a group of Private Equity buyers- who only see profits- that's their game...
The new owners can't change anything for a year
I think soon. New owners already know what they are going to do