"That is really bad publicity that is easily avoidable right there."
Stock just fell below $5 AFTER the reverse-split. Wall Street is laughing at WE, and are probably taking bets on the next reverse-split.
Customers are fleeing in droves.
The company has a new/replaced VP for 'name your department' every few months.
Asking about layoffs doesn't even come close to bad publicity - when the executives of this company have no idea of how to run a business, but they do have an idea of how to get raises on their own, and also being clueless on leadership - and yet still can call themselves 'leaders'....That's the BAD PUBLICITY that everyone sees.
They can put lipstick on a pig and call it 'WE' - but shareholders and customers know it is run by the same people, maybe $1 or $2 a share is more appropriate worth of the company because of the leadership...