Layoffs are occurring across the board at this organization; no one department or office has been singled out. The company’s financial situation has been deteriorating. The information available indicates that this is a result of both overhiring during the pandemic and the subsequent need to reduce expenses. We will extend our annual strategic planning into next year, at which time we anticipate significant position reductions as a result of ongoing leadership turnover. Companies and employees affected by these decisions will be informed at the beginning of 2023. Each manager will update their staff as soon as they get further information, although we understand that there will be additional layoffs (particularly in our Shops and PXT departments). In addition, Andy said we would prioritize talking to the impacted employees directly before making any internal or external announcements.
