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No offense 🥲

Thank you Shannon for being a wonderful team lead

$BABA got murdered today. Buy, hold, or sell?
Any word on Swift in Portland?
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Actually, according to NJ WARN notices, 5/24/24 and 6/21/24 are two effective dates for layoffs…
Those have been posted since February.
Tell me more…That’s definitely significant. I think they over hired prior to the split and now face to course correct
It was in the Q1 earnings announcement and discussed in the earnings call. No particular groups mentioned.
Paul Ruh stated in his message regarding this that much of this workforce reduction has already taken place.
Pure speculation, but I’d think that maybe there will be one more wave of layoffs, probably this month.
Europe has quite a few restrictions on all this - I expect that most of the rest will come from people who have already been informed and know, but due to country specific regulations they have not officially gone through yet.