320++ once upon a time to 195$ - is octane having a sound sleep at night after all the hype around shares ... expect layoffs
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@MTnT it is wishful thinking. I’ve heard from some insiders that suggest they may have a Plan “A” in place already. Whether they pull the trigger fully is anyone’s guess...
As someone mentioned before...now is the time to get into survival mode. Be prepared for quick decisions...
I expect layoffs. But the low stock price will lower the company's compensation expenses (+ probably very low bonus this year). So the lower compensation this year will (hopefully) reduce the required headcount reduction. Or is that just wishful thinking?
I left a while ago but insiders tell me the gears are in the works for across the board cuts...
Layoffs when companies are in hiring freeze, get ready for the perfect storm
now he has good excuses for massive layoffs. no one would blame him
Seems like it happened already!
He's going to have to cut headcount to soften the effects of the economic downturn–we might even be in for a deep recession for the forseeable future as well. Hang on to your desks, it's going to be a very rough ride!