Is this what's been happening?
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I'm a member of the finance team. Where do you get your information about profitability?
Oh yeah?
As every actual employee knows, the CFO has been sharing EBITDA margin numbers on every quarterly all-hands
@ja "Seriously? The company is highly profitable and you knew that if you were an actual employee."
I'm a member of the finance team. Where do you get your information about profitability?
Revenue is YoY down substantially, once again we have lost a substantial amount of customers. Existing account see little penetration of new offerings. The competition does not have this friction in the same or new account. Market share substantially down YoY for the last set of years. So lets not mix words,real profability is negative.
Everyone here, its time to warn others online and move on. Your financial and career is at risk. I am trying but still here. The brand is radioactive. No employer wants to touch an omnissa candidate.
Have they concluded that more headcount cuts are the only way to regain profitability
Seriously? The company is highly profitable and you knew that if you were an actual employee.
What is lacking is growth.
the board / owners will take a different course of action depending on what problem they are looking to solve
What is KKR trying to achieve in the near term? Have they concluded that more headcount cuts are the only way to regain profitability? What about attempting to reduce the customer exodus? Have they given up on turning around our ongoing decline?
@OP no