group_hug@sh.itjust.works to Canada@lemmy.caEnglish · 9 days agoStelco's U.S. owner says steelmaker had 'strongest' quarter since acquisition as massive layoffs underwaywww.cbc.caexternal-linkmessage-square3linkfedilinkarrow-up122arrow-down10
arrow-up122arrow-down1external-linkStelco's U.S. owner says steelmaker had 'strongest' quarter since acquisition as massive layoffs underwaywww.cbc.cagroup_hug@sh.itjust.works to Canada@lemmy.caEnglish · 9 days agomessage-square3linkfedilink
minus-squareyeehaw@lemmy.calinkfedilinkarrow-up4·8 days agoCut costs drastically, not enough time for impact to new recorded, report profits. Does he think we are dumb? This is the classic layoff playbook. It’s has long term negative impacts, it just looks good on paper right away.
Cut costs drastically, not enough time for impact to new recorded, report profits. Does he think we are dumb? This is the classic layoff playbook. It’s has long term negative impacts, it just looks good on paper right away.