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Layoff Report
Is anyone actually surprised by the IL cuts?
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0x7371…407fWatching the WARN notice drop for the Libertyville site today just brings back that same sinking feeling. We all knew the cost-cutting mandates were going to have teeth after the last earnings call, but seeing 133 roles wiped out in one go is a gut punch. It feels like we are just moving numbers around on a spreadsheet to keep the street happy while the actual work gets harder for those of us left behind. I’ve been trying to stay focused on the pipeline, but it’s impossible to ignore the revolving door of 'restructuring' every few months. Does anyone have any insight into whether these were mostly redundant back-office functions or if we’re seeing deep cuts into R&D and manufacturing support? I’m worried that this is just the first wave for this quarter. At this point, the term 'transformation' is just corporate speak for 'good luck finding another job.' Stay safe everyone, keep your resumes polished and your networking updated. It’s a jungle out there.