Equipment Recommendations - The Home For New System and Upgrade Advice
- Thread starter Joe Mac
- Start date
displayname
Well-Known Member
You like when they had a surprise all hands meeting which was required for all employees, including those on PTO, with less than 24 hours notice. And what did this all hands message consist of you ask? Announcing that 50% of the pro division was going to be laid off that day, and everyone should know their "status" by 3pm ET. That was a fun day. I went from a 4 person team to flying solo in a matter of hours. The best part way NO ONE knew why this was happening... until later. We were also instructed to pause ALL contract renewals and cut a number of vendors and contract workers by end of week.
What happened later you ask? Well a few weeks later we learned all the cuts were purely to pump up the stock price in the final moments before announcing the Samsung acquisition. But it helped close out the joint Harman/Samsung contract for the new LA Rams stadium.
Yes, this is a company with PEAK ethics that LOVES it's employees and it's brands' histories.
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displayname
Well-Known Member
It's mostly rebadged Crown at this point anyway.
Melt Face Molly Drop
Well-Known Member
May catch heat for this, but has Denon ever been desirable from any (vintage or modern) perspective? I rarely see their stuff floating around, and have only seen the Denon budget receivers/turntables, which don't have much of a soul/personality when you look at them (they look like every other black receiver on the market).
Mather
Unknown Member
displayname
Well-Known Member
It's the souls of former engineers that we laid of by Harman after an acquisition.
IN THE NAME OF EBITDA!
ZiggsMBK
Member
So much for optimism. Looks like it will be worse than Sound United then.
You like when they had a surprise all hands meeting which was required for all employees, including those on PTO, with less than 24 hours notice. And what did this all hands message consist of you ask? Announcing that 50% of the pro division was going to be laid off that day, and everyone should know their "status" by 3pm ET. That was a fun day. I went from a 4 person team to flying solo in a matter of hours. The best part way NO ONE knew why this was happening... until later. We were also instructed to pause ALL contract renewals and cut a number of vendors and contract workers by end of week.
What happened later you ask? Well a few weeks later we learned all the cuts were purely to pump up the stock price in the final moments before announcing the Samsung acquisition. But it helped close out the joint Harman/Samsung contract for the new LA Rams stadium.
Yes, this is a company with PEAK ethics that LOVES it's employees and it's brands' histories.
Nee Lewman
बैस्टर्ड
displayname
Well-Known Member
I mean at least Harman is a consumer and pro audio company held under a major consumer electronics company (and a billion other things). Masimo was a health technology company, lol.
Mather
Unknown Member
Melt Face Molly Drop
Well-Known Member
Mather
Unknown Member
HOW DO YOU THINK I FEEL IT'S IN MY LISTENING ROOM
