$$$ | Why the real job cut number isn’t 1,400
I believe Corporate is actually focused on a payroll savings target -- perhaps $300 million to $400 million -- rather than a set number of jobs, in the layoffs that may kick into higher gear on Monday. I said that in my layoff FAQ , originally posted June 23. But I didn't emphasize it enough, and then it got lost in the news. Here's where I'm coming from. This round is built around the July 15 analysts' teleconference call , when Chief Financial Officer Gracia Martore will discuss that morn
Tags: Chief Financial Officer, Job, Jobs, June 23, Layoff, Layoffs, Lost, Number 1, Payroll Savings