Our sales revenue of $1.2 billion declined 8.5% in actual currency year-over-year and 9.3% in constant currency
( from conference call)
9 replies (most recent on top)
Worse than that: Revenue of $1.50 billion, down 12.4 percent, or 13.2 percent in constant currency.
Somebody better get their golden parachute ready !
Another nice job by Corporate Management… Time for a bonus !
Spend a lot of time with SLT members. Not much horsepower there. Lots of comp though.
Id--ts running this sh*t show announce 15% reduction of force on day 1 of the Quarter, Then go silent for 2 months. Start executing layoffs 2/3 into the Quarter. Now they don't understand why 1Q Revenue su-ked. Why didn't people didn't bust there butts when they thought they were getting RIF'ed? "I'm surrounded by id--ts", Scar.
This is what happens when you put an empty suit in charge who only hires yes women/men. SB should refund his entire pay and equity to fund a special dividend!
RB to rescue
Time to hire more board members or circus clowns.
That's what happens when you take the bottom out of customer support. There are plenty of options "competitors" in this business. Customers are bailing as soon as they can. I don't blame them.