Based on my understanding think Cameron mentioned that they're aiming to provide an exit for investors and hinted at the possibility of selling some assets. Does that mean an entire department could be impacted by this? Also, what were your thoughts on today's investor meeting? It seems like the market reacted negatively to the idea of allocating $600 million to the GP2025 initiative. More layoffs to come?
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I understood that selling off some of the edge products was always in the cards because some of them are so niche. While they provide a steady revenue stream, they aren't exactly in parts of the payment ecosystem that have steady growth that would increase demand for those products.
I also took away that they were looking for more operational efficiency gains- notably in cross selling of products and I bet cross- system dev. Assuming if there was rewriting of some of the products on recent years and adoption of dev ops model in a cloud environment that there would be some potential synergies in the support functions.
I kept hearing "margin expansion" used a lot with only single digit sales growth projections over the next year. If the profit margin isn't increasing via sales growth, then the margin expansion may be coming from more cuts? That was my takeaway, just speculation though