Thread regarding MetricStream, Inc layoffs

Please don't spread layoff rumors. Our company is doing well. See this recognition in the link

https://www.prnewswire.com/news-releases/metricstream-cited-as-a-leader-in-the-2020-gartner-magic-quadrant-for-it-risk-management-301112588.html

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| 911 views | | 5 replies (last August 20, 2020) | Reply
Post ID: @OP+16wtQsvi

5 replies (most recent on top)

Bro, the fact that you even chose to go by this one link to come to the conclusion that you have posted in itself shows you are still young in corporate world. Let's have some serious conversation. People like us try to advice management on ways to manage cost so that layoffs can be prevented and cash can be reinvested into the business in building platforms. All of us totally understand the great role that our support functions play. But our question is about the number of people in these functions (finance, accounting, HR, overhead etc.) in US for a small/medium company like ours and the Management's decision to hire for these roles even during corona. You will be astounded to see the headcount in these departments to hire, report and manage the costs and revenue for a company our size. Our suggestion is that you keep it to the bare minimum / optimum level so that you can use that money to build products and platforms for the company's growth. If we don't manage costs well we will be come uncompetitive compared to our peers. We need to distinguish between expenditure vs investment

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Post ID: @1cix+16wtQsvi

No CEO sticks around in this company for longer than a few months. They are on their third one in the last 3 years. That says more about the state of affairs than a PR release which is a copy of many other companies.

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Post ID: @ysc+16wtQsvi

Wow, great to hear your company doing well. It's not our company, may be yours. This is how every employee fall trap of company sentiments but unfortunate truth is company never say our employee when they fire.

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Post ID: @nxk+16wtQsvi

Look at your ex product management VP post in LinkedIn. He also shared same news but company is Servicenow.

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Post ID: @djo+16wtQsvi

RSA, LogicGate also saying they are leaders in GRC. These are paid articles dude.

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Post ID: @jlu+16wtQsvi

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