Layoffs







If you are going to post on this page, get your facts right. The layoff impacted 35 people, and Joe is taking the needed steps to turn things around. For all those CardioNet employees that get on the page and gripe, you don't have an employment contract. You are free to find that job that makes you happy. For the sake of all the folks that want to help CardioNet prosper, get out. We don't need you or your attitudes.
 






First of all Joe has been taken the steps for a year and a half now. In that time period the stock has gone from 6.00 per share to 2.40. How much more time does he need? Pull you nose out of his *ss you you might be able to smell what is actually going on.
Internal people know the number is 43, so you must be in sales since Joe mentioned 35 on the call. All the reps and most RSDs are unhappy, so are you the Florida RSD? Didn't you just have someone leave?

For your comment about leaving, everyone is slowly but surely. Look at the sizes of the training classes. Everyone is looking so it is a matter of time.

Suggestion for Joe, Tony, and Heather. When you threaten a sales force revenues and referrals drop, and in this business you will never get them back. Referrals keep dropping when the rep leaves and the new reps can never bring them back, they become bitter and leave in less than a year. You are in this downward spiral and it would take a miracle to stop it.
 
























ya know, if Joey boy really cared about his company, employees and patients, he'd take a pay cut. we obviously see that's not happening. it's quite clear that his intentions are to sell.
rather than modestly reduce his pay by a million and still be a millionaire, he'd rather cut positions and make up for it by dumping the work on other salary employees, working later hours in fear of losing their jobs- that's right- FREE LABOR! must be nice...
also, he's cut the employee match for the 401k and has done away with discounted septa rates today.
i'd like to see this company operating on a skeleton crew- LOL funny because it already is!
my issue is that the employee morale has gone from being proud to embarrassed.
for those of you posting the "if you can't stand the heat then get out of the kitchen"
sentiments, get your selfish cold-hearted heads out of your asses. these are people raising families or trying to lift themselves up to a functioning standard. cardionet, you are making it easier to leave by the day. good riddance.
 






How can we "still have money in the bank" and yet we arena longer matching 401k's and have had layoffs and removed car allowances? Everyday it is something else! We have good people and products unfortunately we also have a selfish and greedy CEO.
 






If you are going to post on this page, get your facts right. The layoff impacted 35 people, and Joe is taking the needed steps to turn things around. For all those CardioNet employees that get on the page and gripe, you don't have an employment contract. You are free to find that job that makes you happy. For the sake of all the folks that want to help CardioNet prosper, get out. We don't need you or your attitudes.

Hahahahahahahahahahaahaha! Surely that is a joke.
 






If everyone that can is leaving, you must not be great enough to find something else. Keep looking, we don't want you here with that attitude.

The ONLY reason why I still work there is to ride this sinking ship down and hope for a lay-off. Collecting unemployment might pay more than most other comparable positions elsewhere. Plus, I'd have an excuse for leaving a job at which I'm completely miserable during a recession.