Receipt

“we have taken an evolved and more proactive approach to formal notifications this year.”

Fender, read out by John Nathan Cordy, at 4:50 of “FALSE ALARM - Fender Say There's NO LAYOFFS - Business As Usual” on John Nathan Cordy’s channel.

Around it

1. 4:46 Okay, so that's good. Fender continues.
2. 4:50 "As part of our ongoing efforts to strengthen internal processes and improve transparency,
3. 4:57 we have taken an evolved and more proactive approach to formal notifications this year.
4. 5:03 There has been no fundamental change in our annual operating practices."
5. 5:09 So, essentially what Matt says here, Fender maintains that while the notification method is different,

In the paper

• Headlines, week ending 30 October 2026