This is Veradigm's third layoff round impacting multiple positions across India and the US.
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A couple of key software engineers retired earlier in the spring. Things have got to be tough-going for those that remain. Once a great company has been destroyed through the years by greed and total ineptness of upper management that continues to cycle through the revolving door!
@aj about 133
I don't have a specific list of products. I do know that all the products are being evaluated and there is a plan to cull most of the unprofitable ones. I wouldn't be surprised if they drop half of the software on their list and likewise the people that work on it.
That explains the tick up in the stock as the last remaining "leadership bonus su-kers" were removed. Shocked to hear there was anyone left. Buildings are empty and echo. Dark at nights. cobwebs grow. What is the expected closure date?
What products were impacted?
Reminder this is Anonymous
It seems that some critical people to product survival may have been let go this round.
No surprise considering last financial reports!
https://investor.veradigm.com/news-releases/news-release-details/veradigm-files-2023-and-2024-form-10-k
Heard several departments and products impacted. Another morale booster for those that remain!
Anyone know how many were let go?