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la_trader

06/23/18 11:12 AM

#53824 RE: whitie #53818

correct- technically these are not "layoffs". IMO the media may label an event as such to garner more readers. I think most are smart enough to know this.

Layoffs mainly occur when a company is doing poorly and the word carries a negative connotation. When jobs are cut following M&A by a new company, it is called "restructuring" and "efficiency planning".

I would expect to see jobs trimmed now to optimize 1st year revenue, and see jobs added later as needed.

South Fork did a huge round of hiring last year in April prior to re-opening in August. It stands to reason they over-hired and need to trim a bit. That = a well run business

bar1080

06/23/18 11:21 AM

#53828 RE: whitie #53818

This post needs work. Look up duplicitous for a start.

"We will see layoffs at Jamestown as well for the same reason and reduction in many upper staff positions that are duplicitous in nature between the 2 hospitals for over site."