These cuts will continue until the company dies and eventually bought out by a competitor or VC. Maybe that’s the strategy…make it a viable asset. Maybe the ELT are not clueless after all, then again there’s not much evidence they have a clue. Strategy seems to be, cut the bottom line in order to make the numbers look good to the shareholders.
Best of luck to all that have had the axe wielded on them and to those who haven’t, watch out in Feb2024 as they’ll be sharpening it in the next 3 month for the next wielding.