I've heard more managers are going, including internationally.
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that's cos SVPs use peons to do work for them! all they gotta do is show up, smile and lie, day in and day out. ca-CHING! $$$$$
13 people count em' 13 SVP and/or VP in fab alone - that be 275k - 675k each...not one gonna be cut...just all the peeps under 100k, admins, grunts, worker bees...none those VP's now more than how to play company golf or talk on phone...
Heard CBI will lay off about 50 percent more by years end
CBI was and still is the worst company in the business
Glad to see them shut the doors!!
I feel this way, as well. Don't trust anyone. It wasn't like this in the past. In HR, we work together, but are forced to keep many secrets from each other. Makes you wonder if it's because half of us will not be around long.
Managers see their people as competition. Two guys locked in a room, one knife, which gets out alive?
Answer, the guy that finds a new job first. Everyone is fodder for bus tires.
It is about time. They are technically incompetent and do not stand up for their people. Need to start with HR. What a joke. If you treat people with respect, they will treat you with respect. Remember the golden rule? Business seems to have forgotten that.