At least he is being more honest than the CEOs in the previous tech layoffs "While we have made substantial progress in right-sizing our cost structure, and fo

At least he is being more honest than the CEOs in the previous tech layoffs "While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do," Schulman said in the note. "We must continue to change as our world, our customers, and our competitive landscape evolve."