Target layoffs an constant restructuring continue since Christa Quarles arrival. Why?
- Christa Quarles is not focused on the business, she is focused on hiring her OpenTable friends.
- Christa Quarles bet everything on Parallels and the rebrand of Awingu as Parallels. The head of Awingu left for better professionalism and talent.
- Christa Quarles over hired and created unnecessary c-level positions.
- Christa Quarles and Connie Chen bungled the PDF acquisition of Nitro PDF because they don't listen to those with the expertise. Awingu was managed by the CFO she outed to bring her more her friends to run IT.
- Despite poor revenue performance, Christa created more c-level positions.
- Most recently she is targeting company veterans from R&D.
- The strategy of offshoring is sinking as R&D people leave the company.