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I worked for a Silver Lake owned company, surviving multiple quarterly layoffs, and 3 CEOs. The only metric for these companies is EBITA, and dropping people he
by jimfl 15y ago
I worked for a Silver Lake owned company, surviving multiple quarterly layoffs, and 3 CEOs. The only metric for these companies is EBITA, and dropping people helps maintain that number. The PE firm is making money all the while the actual company is hemorrhaging.