Thread regarding Houghton Mifflin Harcourt Co. layoffs

Are layoffs done with?

Friday is usually not a day for layoffs but you never know. Does anybody know if there were any more cuts today?

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Post ID: @OP+17exwEcI

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Doubtful its over. This round was about 22% of those left standing from prior layoffs. The cuts are so deep it is certain to affect business, including product dev and platform. Which will result in continual decline in revenue, and further cuts over time in the quixotic quest to get the stock price up. What's interesting is the exorbitantly paid Exec Leader Team (see SEC filings) seems to continue to remain untouched. Friends of Jack seem teflon. Despite their direct role in the failed strategies and management that led to the company's decline.

Post ID: @7xzs+17exwEcI

Can we expect more any time soon?

Post ID: @shx+17exwEcI

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