can one of the origional posters about the mass layoffs before may 1 please provide an update on what you know? Tomorrow is May 1. Should we assume we will he laid off in the morning? Or has this been canceled? I have also spent alot of time online trying to find out about the WARN notice and everything I have found says that Sunrun has not filed a WARN notice I'm the month of april.
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SPS?
@ah accounting and finance?
Cxpro?
Project management?
hybrid tech and design aren't affected
@ah Hi! Can you share if there’s layoff in design department?
Hybrid Field Tech
@OP I'm the original poster of that previous thread. Give me a "general idea" of the organization or role you're in and I can let you know with a yes/no.
"Shall i assume that i will be laid off...."
Yes. Everyday you should wake up with that in mind. Have your house in order. If you work in an office, keep as little there as possible, nothing personal on your computer.
Be ready to walk out the door and never look back. If you make it through the day, and you did a decent days work as well, take the win. Then it starts again the next morning.
@OP I'm not a Sunrun employee. I've been trading for over 30 years and I can tell you two things. 1) This stock is a day trader's dream. Over 195 trading days of the stock moving more than 5%(up or down) It's a Zombie stock meaning that it can only service the interest on it's debt. it's extremely leveraged (23:1 net debt to EBITA) and it stands greater than an 8 to 1 chance of the stock going to zero than doubling in value. The senior notes and shelf offerings only validate it's Zombie stock label.