Does anyone know if layoffs are imminent? A few hundred employees have been laid off at the manufacturing plant level, but concerned it’s going to spread up to PPD/CRG since it seems like there’s a hiring freeze?
They've been rolling through sites/depts pretty steadily with then
Almost all units/group have been affected. They have been doing it smartly in batches to avoid too much press or negative vibe. But at least for the rest of the year, no one is safe I feel. I report out on a lot of rev numbers and they aren’t looking good.