I‘be got a feeling... not that I’m not busy (I’m actively engaged on 2 projects on top of my full time job), but suddenly found myself in the middle of flurry of activity generated by 3 VP’s (who I normally support), all coming this week and asking details of processes and the location of information. The writing is on the wall, but can’t be bothered anymore.
Anyone else in the same predicament?
Given all the talk the CFO is giving to Wall Street on cloud, they have to show a push in terms of making a genuine effort, and to finance this effort, a RIF is necessary. I mean the company's operating margin is a fraction of before with 30% of revenue is SG&A today. Why does SM want to keep spending when all that spending has'nt delivered anything to accelerate growth. All he cares about is the stock price. Thats why board gave him this job. Thats how his compensation is written. Do a RIF, show some progress on Vantage, put some lipstick on the pig, and sell it to private equity for $30 a share. Thats why they brought this new strategy office. Thats his background. That is what he did at Imperva. They are putting a show to get the stock to $30. The company is worth more that 1x revenue which is where it is trading now. Private equity keeps knocking at the board. Only a matter of time. Cut bloated structure, jack the stock, make a bunch of money. At least make some $ by buying the stock. There is no way it stays at $20. Think about it, when was the last time a SaaS company, traded at 1x revenue for long, I mean dying companies with no profit like Cloudera trade for more. We make money and will make more next year. Capitalism at its best!
Nope no problems here. I think you are thinking too hard
hang in there friend, head up
Which project?
Yes, you’re not alone. I’m in the US.
:(
Which Geo?