Can't not "can" in the previous post (obviously).
6 replies (most recent on top)
Cutting costs is tactical.
This is fine, but we need new STRATEGY.
You can cut your way to GROWTH.
My husband works for a company that was 600 people mostly USA, they were out of options, VC said no more money. Within 1 year they moved Finance, HR, Eng, marketing support to India. US is now 150 ppl, but profitable and they doubled R&D. Not fun for people who got cut. 150 us jobs saved, investors happy No other model would work. Release engineers, qa, just is not effective in USA, huge money waste. His options went from zero to 700k.
More like reduce 25k
Good idea.
Companies should be run for stockholders....so yes increase stock price