When they acquired Capital Safety, they got 1500 new employees; before the end of the year they laid off 1500 old employees. So, revenue net gain, employees net neutral = productivity gain! Curious to know what senior bonuses are tied to 'productivity'...
I also know that a lot of the people who left in 2015 after Capital Safety (and those were across the board layoffs, not just in safety) were in the old (defined benefit) pension plan. There was a 20-something in my old job within weeks.
This is what worries me as well, @Ornor3L-1isyz. The new acquisition could spell really bad news for us older employees. We are only a couple of weeks in, but down the road, I could see the repeat of Capital Safety. These will be hard months to go through, with layoffs hanging over our heads...