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Didn't see this coming /s. Of course they are! With a (mostly) single source of investment, lack of public trust (no chance of an IPO any time soon), a disgrac
by Thorentis 7y ago
Didn't see this coming /s.
Of course they are! With a (mostly) single source of investment, lack of public trust (no chance of an IPO any time soon), a disgraced CEO - they need to minimise costs ASAP otherwise they'll be into liquidation very soon. Wouldn't be surprised if that's the long term plan anyway - make as much money for the higher-ups as possible, become indebted to people-in-the-know, go into liquidation to pay them back, and laugh all the way to the bank.
It amazes me that anybody would still want to work there knowing their job could only have 3-months left. Unless they have incredible perks, I'd be updating my resume and going to interviews on my lunch break.
- imposterr 7y ago> It amazes me that anybody would still want to work there knowing their job could only have 3-months left. Unless they have incredible perks, I'd be updating my resume and going to interviews on my lunch break. My impression from the article is that a lot of non-tech workers are being laid off. It's not as easy to just find another job for many. Heck, how many of them even know the layoffs are coming?
- o-__-o 7y agoEnron all over again