Why not furloughs or temporary part-time? I thought this was a rocket ship. Why would they have even consider an IPO raise if they weren’t looking to massively

Why not furloughs or temporary part-time? I thought this was a rocket ship. Why would they have even consider an IPO raise if they weren’t looking to massively expand? Are they going to rehire all these people when business picks up? Not that I disagree, but it smells like vanilla-variety cuts for efficiency/performance.