Thread regarding Extreme Networks Inc. layoffs

Long-term strategy

Is there such a thing at Extreme Networks? I think it's becoming rather obvious that this leadership has no idea what that means. All they are capable of doing is "fix" ongoing problems with temporary solutions (such as RIFs) and let the underlying issue continue to fester until they have to do something about it again. It's no wonder the company is going down so fast.

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Post ID: @OP+19hIbgFa

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The company is still doing good

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Post ID: @Tigu+19hIbgFa

There is no long-term strategy except to maximize shareholder profits. The fate of the company itself is irrelevant.

CEO Recent Trades:

PRESIDENT AND CEO Edward Meyercord sold 100,000 shares of EXTR stock on 02/08/2021 at the average price of $10. The price of the stock has increased by 2.25% since.

PRESIDENT AND CEO Edward Meyercord sold 63,031 shares of EXTR stock on 02/01/2021 at the average price of $8.36. The price of the stock has increased by 22.31% since.

PRESIDENT AND CEO Edward Meyercord sold 61,969 shares of EXTR stock on 01/21/2021 at the average price of $8.01. The price of the stock has increased by 27.65% since.

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Post ID: @7lcu+19hIbgFa

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