My inside sources are advising us of additional layoffs throughout the year which will impact all departments (20% of our total workforce). Layoffs will be done frequently, surgically, and in phases rather than the typical annual massive layoff; Wild Bill wants to prevent panic and avoid the negative headlines showing that this company is in a freefall .
I was also advised our leaders will be conducting and closely monitoring a company wide “stress test" to see how efficient and effective teams can handle the added pressure with the ongoing shrinking headcount. This will help them eliminate jobs at a more rapid pace and includes Line 1, 2, and 3 positions.
To add salt to our wounds, our leaders continue to steal, plunder and siphon millions from our revenue streams while we say goodbye to many of our talented colleagues and live in an uncertain future. Its profits over people!! Many of my subordinates are under complete distress. We spend more time discussing mental health and company layoffs instead of completing meaningful work. What a terrible place to be yall!