Just heard same thing thru the grapevine. At some point the company itself has to struggle to remain operational with laying off that many ppl.
PFG employs 15k...75 will not rock the boat.
PFG employs 15k...75 will not rock the boat.
unless you're one of the 75....
but in all seriousness....it VERY much rocks the boat. The morale boat.
That boat has already sunk...
That is one thing about how Principal is doing this that makes me wonder what they are thinking. The dripping it out method is much worse for moral and their image as an employer than on large (perhaps even larger than needed to be safe) cut.
What is the total with the last group? I think it is less than 1,000 so let's say last November or December they announced 1,000 cut world wide or about a 6% cut. Would we still be talking about it now?
That is one thing about how Principal is doing this that makes me wonder what they are thinking. The dripping it out method is much worse for moral and their image as an employer than on large (perhaps even larger than needed to be safe) cut.
Is it true Wells Fargo is adding a lot of jobs in DSM?
I've heard they are.Is it true Wells Fargo is adding a lot of jobs in DSM?
That is one thing about how Principal is doing this that makes me wonder what they are thinking. The dripping it out method is much worse for moral and their image as an employer than on large (perhaps even larger than needed to be safe) cut.
What is the total with the last group? I think it is less than 1,000 so let's say last November or December they announced 1,000 cut world wide or about a 6% cut. Would we still be talking about it now?
I'm just tired about how much negative pub there is about a company that has cut less than 5% of their workers overall. Look at some of the peer companies and how much they've cut. Look at other sectors like the auto-workers...