Good job to the carpet baggers for pulling out Q4 and 2022 but it will be short lived and won't avoid layoffs....
First, great for those that were laid off because they will get some bonus payout and put everything in the rear view mirror. Hopefully they don't get screwed with the incompetence playing games with the percentages.
Next, many of the incompetence so called ELTs are vested and have been waiting for this day when the shares are high enough to get something and move on. They know this strategy of cutting cost instead of growing revenues can't last and they will be targets themselves. So hopefully they take off.
For those that remain, no chance this will imply no layoffs in 2023. Remember when this place had a good year and still laid people off under the guise of "let's be efficient and ready while we are in a position of strength so that when the environment is better, we will be much further ahead"?
Again, this group have decided to have constant rolling layoffs. If you like this environment, stay, if you want a supportive culture to grow your career, look elsewhere.
Whether people stay or go, the place is toast because the problems are deep in the core and cannot be fixed without starting all over now.
Good luck all.