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From what I heard, these were not random employees or even based on seniority. They were employees who were working remotely and not preforming well. The severance package was good.
People now a day just feel entitled.
They have a good CEO who would tell them. Some companied just disabled your login or have HR calls you.
Help me to understand what you are saying, literally & metaphorically. Seriously.
Slave to the grind is a metaphorical phrase that you are too busy working to do much else in life. This can be whether due to long hours or a commute that is rather far. I am saying that a number of us that are gladly do it and think it is stupid to question such when firings like this happen.
I can only understand that if it is right before a quarter ends as typically a company fires people as a way to make investors think they are caring about the "out of control costs" that effected their quarterly earnings.
After this stunt, likely. That said it sounded like it was agreement for a new liquidity agreement. Not that I like it or am for it, those are common as a way to have extra capital from a lender. I saw it on TYT when they covered the story. Say what you want about their reporting, but they got this one pretty dead on.
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