Synaptics saw a 29.4% revenue decline in fiscal year 2024 compared to 2023, likely prompting layoffs that hurt employee morale. Meanwhile, execs continue to sell RSU stock, funded by stock buybacks, potentially eroding trust further. This raises questions about how many engineering jobs were cut to support these insider stock trades.
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Gotta admire the hustle! Sinking ship, but at least the captains are grabbing the gold before bailing!