A few months ago just before Five9 laid off 7% of its staff they froze all spending. Afterwards spending resumed to pre layoff levels. Just this week, spending was halted again, (except of course for executive boondoggles). This time though there are rumors that an acquisition is coming, maybe KKR? Are we laying off or being acquired or both?
3 replies (most recent on top)
For sure! Mike has no plan to grow revenue
More layoffs coming
Gotta save money for E-Staff compensation!