Pay Cuts.....

https://www.thestreet.com/investing/quest-diagnostics-furloughs-employees-cuts-exec-pay

All Exempt employees in the company 5-25% pay cuts for next 12 week.
Company 401k Match suspended rest of the year.......

 

Typical Quest...profits over people. So much for standing with it's employees in tough times.

They are always quick to pass along the burden in tough times, but don't exactly share the wealth in good times.

 

A bold, decisive and meaningful move by our leadership. Proving that they are willing and able to make the tough decisions that are called for in these perilous times. This is an all out war against the invisible enemy. The President of the United States and the American People are counting on us. We must not fail. We will not fail. We will sacrifice willingly. We’ve got this!

 

JESUS. You again ?

 

I’m not sure what your point is? Jesus obviously didn’t post that comment, but someone who is highly intelligent, patriotic and compassionate certainly did. Perhaps you should give it a second read. It’s inspirational and full of wisdom.

 

Too bad the leadership cannot figure out a way to get more testing out to the public and ensuring quick TAT. Instead they are focused on how to screw their own employees.

 

Invoking the name of the Christian savior will lead to a conversation with human resources regarding the scheduling or sensitivity training.

 

I thought he was mentioning his lawn care specialist

 

I can just imagine you sitting in your little basement apartment posting this crap. What an ass clown you are and the sad thing is that you know it and thrive on it.

 

Best laugh we have had in a long time. The part about inspirational and full of wisdom is the funniest part of your post.

 

I am shocked to hear this. Front liners getting dinged for their efforts. . Reduce their pay, take away benefits. Frontliners not even tested first to ensure no one is positive. What a sweat shop.

I am so glad I switched to labcorp 3 years ago for testing. Now I get fast results and a better experience. I am sorry for the frontliners here that work hard and get no appreciation. This company is just pure greed. No regard for hard working people. All about the Benjamin's. They will get lots a government money between testing. New building being built and Secaucus move and non are deserved. Cheated all the people. Shame on you.

 

Yet the leadership doesn't understand how so many front line employees have interest in forming unions. Zero self awareness and greed make for a bad combination.

 

The company is in a lot more trouble than any of you realize. Ignore the stock price and read the analyst reports. Many bad decisions made in better times are putting increasing pressure on revenue, made worse by PAMA reductions, and potentially a debt problem in the near term future. Wake up.

 

So, ignore the market and pay attention to some random, half-baked analyst. Great advice, junior. It’s time to lay off the edibles. Quest Diagnostics is the industry leader in clinical laboratory medicine and we always will be.

 

Cut dividends not jobs.....Lets make the rich richer because that's the only ones that can afford this stock. No lets cut jobs , pay and benefits so the frontliners can struggle.

Stop dividends until they recover their revenue....
greedy bastards

Lets reward the Frontliners for being there and putting themselves at risk not punish them

 

This is the Quest way...profit first, people a distant second. Pass along the pain but never share the wealth.

 

My toilet this morning > Sales Team at Quest

 

Got to say the HTH guy is much more enjoyable to read The WGT guy is just as ass.

 

We aren’t here for your entertainment. Pay attention to the content. There is significant value in every post. Hope this helps.

 

What is with the random italics? It’s like putting an exclamation point or question mark at the end of every sentence, where it doesn’t belong. Effing tool.