CBI keeps talking about their $100 million cost reduction program. Has anyone explained just what that program is and how they plan on going about achieving this?? Their laying off people and letting good people go will not achieve that objective. What other ways do they plan on implementing to achieve this??????
Don't be naive, they don't need anything else. Laying people off is the easiest way to see that quarterly bump everybody at the top covets, so that's what they'll stick with. They don't care about long term, they've proven it over and over again. We'll keep losing good people until there's nobody left to lose. And by then it'll be too late. CBI is a dying company.