LAUR raised $490M in its IPO, less than half than they expected to get. The company will need to cut costs to make profits.
http://www.baltimoresun.com/business/bs-bz-laureate-ipo-20170201-story.html
2 replies (most recent on top)
@LEHgssG-cal, it's already happening at Laureate. They are consolidating units.
since not enough $ was raised by going public, do you think there will be big layoffs?