ADT Security Layoffs Job Cut: fires 500 employees: Finance Trading Times

ADT Security Layoffs Job Cut: fires 500 employees

The news is not good for the employees of ADT Security Services. The recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the ADT Security Services. ADT Security Layoffs

How many employees may be fired in the ADT Security layoffs?
Around 500 employees may be fired from their jobs at ADT.

What is the total no. of employees of ADT Security?
Total No. of employees of ADT Security is 24000 as of now. That will be around 2 percent of the total workforce of the company.

When will the ADT Security layoffs happen?
As per the reports, the layoffs took effect last month.

Which locations will be affected by the ADT Security layoffs ?
No confirm news but it is reported that out of the 500 jobs, 20 will go in South Florida.

How much savings can be made by the company from the layoffs?
No details available about that.

What is the primary reasons for ADT Security layoffs?
The main reason being quoted by the company for layoffs is because of declining demand for its products and services especially in the retail and commercial sector.

Any other news about ADT Security layoffs
As per Sun Sentinel, Qualified employees will receive severance packages and outplacement services.
Let's hope that alternative jobs are available to the affected employees of ADT Security Layoffs Job Cut
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