It hurt the company (and of course staff) having to let the staff go and it's going to hurt again. They will have to find suitable personnel and also have to pay extra for increased labor costs or to entice plus the recruiting and moving costs. But lets not get too far ahead of ourselves - any agreement is yet to be signed officially signed off - that could take a bit longer than a few weeks - may yet find a pink objecting snake.
Wonder how many millions of that cash will need to be spent to mobilize all up, once all the various approval seeking 'snakes' won't have more venomous bites?
What needless idiotic decisions are dished up by clowns that so many companies are now subjected to - shame management can't get some real venomous snakes to bite the hands that keep feeding them. Bummer.
And to think management will have other snakes to deal with in other parts of their portfolio of assets. Some of these snakes will possibly eat companies to death.Perhaps that's the intention by design. AIMO
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