Will Rotech be around long?
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That's right...thin the heard. Just to bad at Rotech it seems the strong leave and the weak are what is left behind to go forward.
They can't be that weak if the location is still open. Might not be making the big bucks in all areas but they are still there trying their best.
Another company wide RIF tomorrow. Rotech's only answer to poor performance. RIF the field staff so Phil can buy another house. It's criminal what they have done to this company.
What's Phil's house have to do with company performance? Most all executives are well compensated for running large company s, and Phil is no different.
You are correct in that it is not directly about Phil's house, but the question is this...
If a company is NOT performing that well, then why do the executives still deserve compensation?
Clearly, upper management does not have a clue. Why not start the RIF's with them? Don't start with the people who actually care for and serve the patients!
AnnnnnD there is the problem!
The same cookie cutter approach to business, be it Rotech or the DME down the road.
If the location workers had the same sense of "entitlement" as the executives in this company...boy watch out.
There would be tales of workers being talked to with respect, patient's getting more updated equipment in all areas and not just the few, driving better equipment for the safety of the employees and I am sure a couple of others along this line.
No one is saying the guy/girl at the top doesn't deserve a higher pay. It's the continuation of this company's top people shoving it in the face of their employees taking the cuts and working until they are burned out while they are at the 'beach".
Where's that fiddle while Rome burns? (tongue in cheek of course)
If true....that equals to 35 LCM's that were given a "choice" either be an LSM or get another job! Most would do it with no other options in their area to jump to. Oh plus the intimidation they would be given to cave in too to the Rotech way!
I'm to understand that some AM's are worried about there jobs being RIF'd also.
This all does great things for the stock price. More area covered - less overhead.
The stock is getting ready to shoot up sharply.
The stock is getting ready to shoot up sharply.
You mean RIP! Just sell out to a big company and get it over with.
Several AMs were let go during last weeks RIF along with around 35 SRs. DVPs are discussing a complete or partial RM RIF now. There are more SR RIFs coming and location closures. About 25% of the locations are at risk of closing and 50% of the SRs are at risk of being RIFd.
CafePharma, you all have a lot of nerve blocking my IP address so I can not see the spam question to search. I can still search, you have just blocked me from posting.I will begin posting about you all over the web. Who are you censoring for??? Maybe you are in the wrong country. This is the USA!!!!
As if the "Mod's" really care.....back to the subject at hand.
Where were the so called RIF's that were to have been done???
Where did these RIFs take place? I have not heard from anyone that SRs or AMs have been RIFd?