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Comments (2)
If you think this is only about Connell, you’re in for a rough surprise. Upper management has been signaling for months that efficiency is the new priority over footprint. They are looking at the bottom line, not the tenure of their employees. When you see senior staff being cut, the ship isn't just taking on water; it’s being lightened to stay afloat. Prepare for further consolidations in the region because the demand they talk about isn't translating into the kind of profit margins they need to satisfy the shareholders. Stay sharp and keep your resume updated.
Everyone is on edge right now, but let’s be realistic. This has been a long time coming given the inventory levels and the shifting market landscape. I’ve seen this playbook before—they slice off the underperforming assets first to stabilize the balance sheet before they touch the major hubs. The memos are just meant to keep the remaining floor staff from walking out en masse. Don't buy the corporate speak; this is pure survival mode. Watch the other WA locations closely over the next two quarters because the 'streamlining' is far from over.