The Scooter Store announces more layoffs
#1 Feb 8, 2013
Interesting that the scooter store blames cuts to Medicare. There is no mention about the private equity company forcing the CEO and most of its management out nor are there any references to the hired guns not knowing how to run a business. You don't lay off 600 people in a year and keep using the same lame excuse.
The truth is that those who are now managing the company are only thinking of themselves, have zero issue firing people, and are looking for a big payout when they set the company up to be sold. They do not know how to lead, using fowl language to management teams, and take pleasure in using fear tactics. A CEO who was once a CFO bit off way more than he can chew. Might be a reason why he was never CEO at his former company.
Sadly, this was once a good company. Most of my colleagues now see through the and are seeking refuge.
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