Layoffs are likely to continue because it seems clear that Wall Street no longer believes Hans the flim-flam man and his 5G money hole. If there was any serious belief in the leadership of this company then the traders would have bought up the stock. But because they are allowing the yield to creep above 7% it would appear that there is little belief from the street that the company faces another turbulent year. Particularly since 'the adult in the room', Matt Ellis was just squeezed out.
Get those resumes ready!