TOP 12 Comments
- Cruise Automation sl1msh4dyThis is counterintuitive, but Wall Street looks very favorably on layoffs because they view it as a cost saving measure and will improve the books, so to say. So its not out of the realm that its in anticipation of an IPO. (Also not saying it definitely is)
- New 4 More YrsKill the "IPO" talk!
Companies like this are BEGGING to be acquired on the cheap. CEO brought in the dress up the shit and get it sold. Investors ready to cut their loses and move on!