Thread regarding ViaSat Inc. layoffs

Only the blind cannot see the trend

Viasat was collapsing well before they acquired inmarsat.

VIASAT was created because they were able to offer good value in the defense sector. Have they won anything new lately or are they living on sole source kind of stuff? Customers (govt) are willing to buy $10k hammers because they want to be sure they get the exact right hammer. That won't last forever.

The culture is a bunch of people all going their own directions.

Big expensive processes invented by people looking for job security in ruling the complicated process.

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| 571 views | | 2 replies (last October 3, 2024) | Reply
Post ID: @OP+1uOEEYfr

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Gogo stock didn't go up at all on that news. So it means nothing.

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Post ID: @vdd+1uOEEYfr

From Yahoo Finance - “The acquisition (of satcom direct by Gogo/Intelsat) will also likely allow Gogo to enter the rapidly expanding military and government mobility vertical. Satcom Direct’s established products and expertise are expected to diversify Gogo's revenue streams, creating new growth opportunities with unique integrated LEO-GEO solutions for military and governmental clients.”

Not a good thing for Viaaat, not a good thing for jobs.

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Post ID: @pez+1uOEEYfr

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