There will be another RIF before the end of FQ1'24; unfortunately, the company's OPEX and quarterly revenues do not align, and cuts will be made without increased revenue coming in. That, coupled with crippling debt, back IRS taxes owed, colossal executive compensation packages, and another loan taken out to help with Cash Flow is a clear indication of a company in trouble. The Great Oaks sell/leaseback is another indication of financial difficulties.
Update your resumes and be ready for whatever might come your way. No one is safe!
The August 16th date was from a previous post, I'm not sure if this date is accurate, but there will be one between the middle of August and the first week of October.