I heard that cuts at XATA may be coming in the IT department - apparently with the recession and the overall drop in the transporation volume we have to be affected as the fleets today tend to be around 10% smaller than a year before. Add to that... — read more
In early November, Xata had significant layoffs....due to lower than projected Sales....and a new product that they can't seem to get out the door....
We are jumping ship
Only one layoff required. Coughlan. Single handedly took the share price from $6.55 to under $1. Nice work. How is it you kept the job Jay?