It will be every quarter…but with the numbers being RIFed lower so that they become more stealthy in order to not to upset the remaining cattle I mean staff…nor trigger consultation in geographies where this is a legal requirement. It is the old Cisco/HP/IBM play book complete with the usual vacuous statements like “we’re here to support you and your colleagues that have been randomly chosen to leave because the newly appointed L3 leaders were told to implement a 10% haircut”
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Assuming they're over for now, expect another round of layoffs before the new fiscal year, April 2024. Viasat isn't going to be making money to support its employees for a long time after their failed satellite launch and abomination of an acquisition with Inmarsat.
It will be done on Thursday per source.
I think it’s over
If the numbers are true,
It should be what like 10% of the company?
That should be good enough right?
It’s done until next earning.
When try will have to show savings or revenues to boost the stock.
Well, there's always next quarter
The excel sheet they use to term employees hasn’t updated for a few hours now, we might be done.
There’s always a chance.
Are there ANY chances we're already done?