Mass Finance Layoffs for Stanley Black & Decker - what to think?
The Wall Street Journal
this is really scary. I don't know how they even have 1000 people to layoff and still operate the departent
I mean, their products directly correlate to housing boom/busts so it makes sense why they're going into panic mode.
How do they even have 1000 finance people to cut?!
Finance people used profits to hire more finance people
That is crazy. Obviously they overstuffed if they still can run the department without 1000 people.
Dm for referral at Rokt
Roku?
There was a thread about this on Reddit. Previous workers said that they had wayyyyy too many people in their finance dept.
Any info on whether some of those folks were contractors? If not, that seems like an awfully big finance team. Probably had a good amount of fat to trim.
Enough with the layoffs please.
It's what Powell wants, cut the demand by mass layoffs
Is it the same people who ran the cost reduction benefits analysis from this initiative?
Pretty bad.