Thread regarding SAS Institute layoffs

Liabilities...

More and more SAS campus buildings are becoming vacant.

Advantages? Utilities would be lower because thermostats could be set higher in the summer and lower in the winter.

On the other hand, once the building is vacated, it went from supporting revenue to merely being a financial liability. Even more disturbing is that more and more buildings on campus are becoming vacated. Physical liabilities. Then there are the loser products. Those are software liabilities.

One must wonder, why these liabilities live on. And on and on.

I have my ideas. What are yours?

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| 3955 views | | 43 replies (last July 28, 2024) | Reply
Post ID: @OP+1tBbsucF

43 replies (most recent on top)

"But they have value and are considered assets."

Yes, the real estate has asset value. That won't be realized until a sale. Maybe the end game is sell the campus if the software alone can not draw a buyer? JG and JS are in twilight of their life, need no money, and thus might be looking down the road at how their heirs(who seem to have no interest in a software company) might benefit.

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Post ID: @1nhk+1tBbsucF

“ it went from supporting revenue to merely being a financial liability”

Those buildings and the land they are on are more than just financial liabilities.

Do they have costs associated? Of course. But they have value and are considered assets.

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Post ID: @1kjn+1tBbsucF

Buildings might be land marks of past greatness? Have no idea about the loser software products. Especially the ones that never made any money. Most people don't want to hang onto bad memories.

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Post ID: @1rne+1tBbsucF

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