Tepper talks layoffs and the reasons behind them.

[Jeremy Igo]

It would have been better to just cut to the quick. 

 

"I make decisions based on the success of this organization." Thats it. All the explanation needed. No headline there. 

Trying to sell being laid off during a pandemic as a good thing.... whoooo buddy. 

[CPcavedweller]

As an aside, people with boatloads of money and liquid assets don't obtain that wealth by making bad business decisions or being poor owners. If this drags on for a year or two, what benefit will employing people with no chance of advancing themselves provide? Is this the kick in the butt America needed to demolish the individualism that really is the only thing that has separated us from the rest of the world? Or is there simply rage because a billionaire laid someone off in a time where there are conceivably less jobs? 

When would there be a good time? What was he planning to do prior to the pandemic? Were these shifts coming anyway? What does the Panthers balance sheet look like? etc., so on, so forth.

[ellis]

5 minutes ago, Jeremy Igo said:

It would have been better to just cut to the quick. 

 

"I make decisions based on the success of this organization." Thats it. All the explanation needed. No headline there. 

Trying to sell being laid off during a pandemic as a good thing.... whoooo buddy. 

Word economy is never a bad practice. 

[Shocker]

1 hour ago, Jeremy Igo said:

We are letting you go during a pandemic and record unemployment. But don't worry, it is good for you. 

My company is about to lay off 10,000 people.  I will almost certainly be one of them and it has crossed my mind that it is good for me.  The remaining folks are going to be worked to insanity.  

[Smithers]

1 hour ago, Jeremy Igo said:

I doubt any laid off personnel would say it was good for them in this jobs market climate. 

 

Nothing for them to do? Maybe see that as an opportunity to train them to do something else. Do what it takes to keep good people around until this all clears up. 

 

Unless, of course, he wanted to get rid of them anyways because thats what he wanted to do. Which is fine, it is his team. 

I know a few folks who were “laid off” from the Panthers...and they all agree it was good for them. The Cares Act bills gave them far more money as a “laid off” employee than they would have received otherwise.  

[Smithers]

15 minutes ago, Jeremy Igo said:

It would have been better to just cut to the quick. 

 

"I make decisions based on the success of this organization." Thats it. All the explanation needed. No headline there. 

Trying to sell being laid off during a pandemic as a good thing.... whoooo buddy. 

It was for those laid off.  Making $2800 a month sitting home was better for an hourly employee 

[tailg8or]

What will be the post covid reason that he only brings back 2/3 of the staff and overworks the others. 

Dont drink the kool-aid, Tepper made his money doing what's best for one individual.  This is an opportunity for him.

 

[electro's horse]

lmao

"it's bad for these people to have jobs

they think it's good but its bad, actually."

[Jeremy Igo]

20 minutes ago, Smithers said:

It was for those laid off.  Making $2800 a month sitting home was better for an hourly employee 

They weren't hourly employees.

[ladypanther]

4 hours ago, NAS said:

Tepper didn’t become a billionaire by not having business sense. It may sound harsh but he has to do what he thinks is best.

He needs to learn to be honest.  Saying it was better for someone to lose their job, their insurance, in an economy where decent jobs are now hard to find is such an asinine statement.  If he thought it was good for the employee he should have let that person make the decision. Just pure BS.

4 hours ago, CPcavedweller said:

As an aside, people with boatloads of money and liquid assets don't obtain that wealth by making bad business decisions or being poor owners. If this drags on for a year or two, what benefit will employing people with no chance of advancing themselves provide? Is this the kick in the butt America needed to demolish the individualism that really is the only thing that has separated us from the rest of the world? Or is there simply rage because a billionaire laid someone off in a time where there are conceivably less jobs? 

When would there be a good time? What was he planning to do prior to the pandemic? Were these shifts coming anyway? What does the Panthers balance sheet look like? etc., so on, so forth.

Benefit...having an income...health insurance.

3 hours ago, Smithers said:

 

 

[Tbe]

Tepper is an idiot for going down that rabbit hole. All you say is, these cuts were made for organizational reasons not financial. Just leave it at that. 
 

The dude is going to talk himself into a lawsuit one day.

[Smithers]

38 minutes ago, Jeremy Igo said:

They weren't hourly employees.

Per FLSA-they were 

[4Corners]

11 minutes ago, bull123 said:

Jones is a tool...Tepper answered the question & Jones didn’t like his answer so he acted like an a$$

typical media...Jones has always thought he was the story

Shut up 

[TheCasillas]

2 hours ago, PantherBoy95 said:

LMFAOOO it's better for them...IN THIS ECONOMY?!!

Is this sarcasm?