They are going to announce massive layoffs and a 40% salary cut for employees (not for the big boys, of course). Nothing to support the reps taking the hit like all of their competitors are doing. Way to take care of your people! This shitty company will be circling the drain soon.
What's worse; M&A or coronavirus. Great Leadership there............just kidding. The Petty's were OK. Well, two of them. They just refused to know or didn't care how incompetent dept managers are, which, it was obvious, the company would not be able to sustain ... waste alone were in the millions. Apparently neither does TPG. They too, not only kept management in place but gave them new titles. Anyway, any recommendation? 63 and Counting
Sorry to hear this: https://www.gainesville.com/business/20200323/exactech-lays-off-63-others-face-pay-cuts
Got my notice Friday. Thanks for the memories! Planning to not come back after this if offered. Could ave, would have, taken a cut, but that wasn’t in the cards. Maybe DJO is hiring? My non compete is null and void in my opinion.
Talked to a Corp employee today and they said that payroll was missed for all employees today. Not good. Bankruptcy next?
Payroll wasn’t missed. Everyone was paid. The bank screwed up processing, profusely apologized and made it right by close of business Friday.
We all want to work and be paid for the work that we do and that’s why we need to be acquired. Agree or not it has to happen for us to survive
With the total lack of information and communication over the past month it sure feels eerily quiet like an acquisition is coming. Anyone else feeling this? Hearing anything?