They’ve cut ~20% of the workforce today as, “ the business reorganization we announced today, which will impact approximately 20% of our global workforce. The intent of the reorganization is to simplify our global engineering operations, reduce our fixed costs, lower general and administrative expenses, and accelerate our move up-market and away from down-market SMB.”
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@3k9 $1B share buyback authorized. Market cap is $875M. Buying back all the shares to go private?
Interested to see what happens next. Can Henry hang on?
100% correct - my dad was laid off and he has a major health issue.
no loyalty there