Thread regarding Rosetta Stone Inc. layoffs

First round over more coming

The first round dealt mostly with IT staff, Business analysts etc. The next round will focus on more general employees. They are really messing up the company now. I was not laid off. There is a lot of cronyism, particularly on the IT side. The management is looking for yes men. I said yes, til I find a new job... They can't even tell how much they are making or losing. Korean offices are all screwed up still. Basic accounting is being ignored. They are just an investigation away from being dismantled. I don't expect stock options to be worth much soon.

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