Thread regarding Pros Holdings Inc. layoffs

Still spending more than they earn

This company is still showing negative net revenue and that's after they make internal adjustments to the books. CEO is a glorified salesman who cannot discuss financials without a prepared script. CFO knows what's going on because he helps write the scripts. He who tells the best and most convincing lies keeps one's job. Most of the 25% that kept them afloat while 75% were trying to help their kids through grade school were fired for complaining when the rearrangement of work loads became permanent. HR is in the 75% and deaf, d-mb and blind to reality. One person was actually replaced by 4! This company needs a total change in leadership or a Ch. 11 filing

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| 959 views | | 4 replies (last September 16)
Post ID: @OP+1kglTcFl

4 replies (most recent on top)

Will happen again Q3/23 is light and Q4/23 empty so mid October they will dump staff, a repeat of 2022 at the same time. Core pricing products are old on premise products pushed into the cloud and have to be single instance or are just too expensive. There are better players in the market now.

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Post ID: @4nlau+1kglTcFl

The CEO is actually a software developer by background and fails to understand the basic principles of sales. Sincerity is notably absent. PROS is a great company but the products are old, much play is made of AI but the truth is that it is largely irrelevant just a spin. PROS made another Q2 loss so there will be more layoffs later this year, mid October same as last year. They will dump good people and keep those that should have gone long ago.

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Post ID: @3Hmzy+1kglTcFl

Layoff factory getting rid of people while hiring at same time

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Post ID: @2yecg+1kglTcFl

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