Especially if there'll be more in the coming days?
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They’ve been laying people off periodically all year, at least 3 times this has happened and after each time they claim “that’s it”, but here we are. Their stock price is garbage, so should it continue to drop below the $22 it presently stands at, I would fully expect further layoffs.
Managers met with the team and said they do not expect more layoffs.
How big was this layoff?
Was told “widespread” and “ongoing”
Any info would be appreciated.