TSX:IBG.DB.E - Post by User
Comment by
Calgaryrideron Jun 23, 2020 6:56pm
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Post# 31183412
RE:industry story
RE:industry storyA 14% turnover army any company, even an engineering / design consultancy, is brutally high.
WSP is a brutal place to work for many.
I know how it goes.
Many of the largest ones (incl. AECOM) are garbage to work for.
IBI is in much different than phase of existence than the normal juggernaught and you can see it in their hiring numbers / turnover stats which are relatively low. Their growth will not be limited by hiring...,never been the case, even now.
WSP is so busy slamming companies together that they have little care for impacts on efficiency, company / people moral and overall satisfaction.
They only care when margins start falling.....that’s what this story is all about...,floating a lead balloon to investors.
IBI will probably further differentiate itself from competitors in the next 2-3 quarters....while others struggle, they keep plugging away.
The prof will be in the pudding.