Thread regarding Five9 Inc. layoffs

Sadly lower the stock goes, more the cuts/layoffs

Sad state of affairs. And there is no end in sight.

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| 1231 views | | 6 replies (last August 18) | Reply
Post ID: @OP+1k25c3c8h

6 replies (most recent on top)

@e5 Were you drinking the coolaid or listening to Barry saying the stock was on it's way to 400 bucks? Glad he's gone...

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Post ID: @1p4+1k25c3c8h

My suggestion to save the company would be to aggressively sell features that we don't have, and then after we get our bonuses, ask PS and everyone else how they plan to close the gap for the customer.

Oh that's right, we already tried that.

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Post ID: @sc+1k25c3c8h

don't repeat your mistakes, sell it now before it goes to 0.

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Post ID: @qq+1k25c3c8h

Stock decline has been consistent and while all the other COVID darlings went back up Five9 didn’t. Now add in the recent massive investment by Salesforce and SNOW into a competitor of Five9 it’s not looking good. I wish I had been smart enough to sell my stock as soon as it came available and just put it in an S&P fund, but unfortunately I was drinking the kool aid hand over fist.

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Post ID: @e5+1k25c3c8h

Because no one said it today - the CPO must go. We need someone with a proven track record. Not this guy that repeats every viral everything he reads on LinkedIn. Fix this and you’ll have great products people want to pay for.

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Post ID: @bp+1k25c3c8h

We are profitable and margins are getting better. It’s the debt that Barry and others took on that is coming to haunt. We need to delever, especially with all this AI risk for CCaaS, even if it’s overblown. The stock price will drive cuts. Simple. Old CEO or new CEO. Senior mgt is fine as they have cashed out their equity at higher levels. It others.

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Post ID: @aw+1k25c3c8h

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