Lay Offs Foot and Ankle

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Hanson laid off 3% of ZB employees yesterday. Hundreds and hundreds of people globally lost their job!!! Hanson blamed covid in his message to employees which included a video with some crocodile tears.
 






Approx. 800 people lost their jobs. This is across ZB, not just in North America. I would still say a good chunk is from North America. Appears each distributorship was asked to nix a certain monetary amount from their staff. I am not sure about cuts at corporate headquarters,
 












anonymous said:
Approx. 800 people lost their jobs. This is across ZB, not just in North America. I would still say a good chunk is from North America. Appears each distributorship was asked to nix a certain monetary amount from their staff. I am not sure about cuts at corporate headquarters,
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BH needs to fund the imminent stock repurchase plan somehow. Propping up the share price ain't easy!
 






More than a dozen sales reps in our region alone. Also done in a fairly unceremonious manner. One guy they called while he was in a case and told him he no longer had a job after nearly 20 years with the company.

what the hell is going on with ZB?
 









Why would we lay people off then acquire someone? They left a few reps in the field. Guessing the few that are left would be integrated into the sales force they acquired
 
























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