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Ouch. Never a pleasant thing to do. I just hope they made the cut deep enough. A common mistake is to cut enough to just get back to break even, when what yo
by adwf 10y ago
Ouch. Never a pleasant thing to do.
I just hope they made the cut deep enough. A common mistake is to cut enough to just get back to break even, when what you really need in that situation is to get back to a decent level of profitability. The number of times I've seen a second round of layoffs because people got that wrong...
From the looks of their projections, they've done the right thing, back to profitability and growth.