Thread regarding ION Geophysical Corp. layoffs

Huh?

Post below is super weird but I agree the company is focused on the wrong things. Please allocate more money to the R&D budget and less to diversity initiatives. Our software sucks major ba--s and we are losing work to competitors because of it. Having a "diversity moment" before every meeting is not going to put rose-colored glasses on our clients and win us contracts. If our result looks like a$$ compared to a competitor, guess who gets the contract?

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| 2061 views | | 2 replies (last December 8, 2021) | Reply
Post ID: @OP+1bDPvu3h

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They still have a profitable UK arm . They have some Port software and have landed 2 contracts both running at a loss.
Everyone os back on full pay. I am happy for those of us that don't get the big bucks but how is that even justified with the state of the company?
Management top heavy and overpaid. In order to survive , there needs to be a cull of the senior management.

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Post ID: @2zuee+1bDPvu3h

As the stock price falls to $1.00, it's great to know a diversity moment is still a priority at meetings. Reminds me of the pledge board at the strategic retreat around 2015. I wonder if someone pledged to make the stock worthless back then? At least they kept their promise to the company.

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Post ID: @18yjx+1bDPvu3h

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