Thread regarding Illumina Inc. layoffs

2025 sales forecast is not so great

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| 2400 views | | 4 replies (last February 12)
Post ID: @OP+1jhsegw9c

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The strategy isn’t strong enough I’m afraid. Single digit growth in 3 years time is very lethargic. Competition will eat us alive.

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Post ID: @3z0+1jhsegw9c

Stock dropped to $100 today, time to streamline our operations and improve efficiency. The strategic plan is not bringing any excitement anymore. For sure, we have a high cost base, and I'm questioning the value added by some of our roles, particularly at the Director level and above. A leaner structure will naturally lead to lower overhead and efficient operation. Time to think...

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Post ID: @3yn+1jhsegw9c

The stock price lowered more after the earnings. Are we getting benefited out of the Pinnacle program?

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Post ID: @3qh+1jhsegw9c

That’s why the stock went down

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Post ID: @bw+1jhsegw9c

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