Best guess is that the media were waiting for official confirmation via the Illinois Warn Act which was released today for June (detailing the recent layoffs) 89K employees left in total for the org a number which surprised me, I thought it was at least in the 100’s. If “your leadership team and I want you to know that these decisions were not taken lightly or easily” then why do they keep doing it every few months?
Yes our CEO will fill his pockets but this has to be the greatest business failure in recent memory.