Typical scenario:
- layoffs for short term EPS
- current pipeline continues momentum for a bit
- CEO gets credited with great success... and moves on to the next company
- then the "oh shit" moment, when the lack of personnel becomes apparent
Some CEOs are like locusts. Moving from company to company for a short term frenzy, then moving on to the next.
I hope this is not happening here.
Personally I do not quite follow the current mentality of only thinking about the "shareholder value".
If a company is just break even, it still pays earning the livelihoods of its employees. That should count for something - but of course is doesn't because investors can make more money elsewhere.
Some CEOs are like locusts. Moving from company to company for a short term frenzy, then moving on to the next.
I hope this is not happening here.
Personally I do not quite follow the current mentality of only thinking about the "shareholder value". If a company is just break even, it still pays earning the livelihoods of its employees. That should count for something - but of course is doesn't because investors can make more money elsewhere.