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Comments (2)
It’s honestly heartbreaking to see the New Orleans site getting gutted like this. I have friends there who have given decades to the company, and they are being treated like line items on a balance sheet. From what I’ve been hearing, leadership is obsessed with margin recovery at the expense of our actual skilled workforce. I don't think they’re closing the whole shop tomorrow, but they are definitely stripping it down to the bare minimum. It feels like they're sacrificing the foundation just to keep the stock price from cratering further. The morale is non-existent right now.
I’ve been tracking these filings across all the regional sites, and unfortunately, this looks like the standard playbook they’ve been running for years. They call it 'strategic realignment' to keep shareholders happy, but it’s really just death by a thousand cuts. Every time they promise these are the final layoffs, another notice pops up a few months later. At this point, no facility is safe until the leadership changes their entire philosophy. Don't expect any real clarity from the brass; they’ll keep it vague until the very last second to avoid more bad press.