Hearing that Elliot is back and demanding increasing valuation and stakeholders returns, again. Is it true or rather a gimmick to improve the stock price that has taken a beating over the last few quarters?
If Elliot news is true, it brings back the painful memories of the past for employees. I am afraid the other recent posts talking about layoff will indeed become a reality.
I can only hope incompetent leaders are shown the door before any employee is impacted, as improving profitability almost always equates to mass layoff.