Reduced from 600 to 300 in 2020. Further reduction in 2021 expected.
Focus on getting work done by GDC, Contractors and Partners
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The problem with margin started when VL's son-in-law decreed that all consulting engagements must generate at least $1 million in revenue. After that fiasco, consulting margin turned negative for the first time ever and it has never recovered.
The real problem with margin was that it was measured as in a normal, autonomous, consulting firm which had never been the case.
PS was the enabler of successful large deployments and could not offer solutions based on competing offerings: it was unfair to compare on the margin.
Btw margins went down historically as PS was pushed to make revenues even with undifferentiating services like etl and bi coding
Revenue wasn’t the issue for consulting. The margin was.
Interesting the correlation between reduction in employees and reductions in revenue. When will the snake oil salesmen and women stop selling internally and start selling externally. How are those projected prospects doing?
only unit needed is the team dealing with invoicing. Till 2024, than they can go too.
was 900 in 2019