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"Dear Community – II" from Mandriva"Dear Community – II" from MandrivaPosted May 3, 2012 0:43 UTC (Thu) by theophrastus (guest, #80847)Parent article: "Dear Community – II" from Mandriva
I will never forget an all-company-meeting wherein the CEO stated with a big smile that the company was actively pursuing space and opportunities "in which it may expand"; by the end of the month the company was sold. all but the accountant was laid-off. (by-the-bye, accounting is the job you want: first to be hired, last to be fired. because they know where the bodies are buried). so i'm always a little chilled by organizations that are "seeking space".
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"Dear Community – II" from Mandriva Posted May 3, 2012 12:56 UTC (Thu) by JEFFREY (subscriber, #79095) [Link]
Not to stray too far OT; when I hear these sorts of anecdotes, I wonder which percentage of such announcements are foreboding of Corporate doom, versus which percentage don't.
Do 70%, 80%, 85%, of these announcements precede mass lay-offs, or is it just 5% or 10%?
"Dear Community – II" from Mandriva Posted May 3, 2012 17:00 UTC (Thu) by szoth (guest, #14825) [Link]
42.5% to be precise.
"Dear Community – II" from Mandriva Posted May 3, 2012 18:36 UTC (Thu) by theophrastus (guest, #80847) [Link]
To be sure the memorable such events wherein one is laid off tend to be the memorable ones [wink]. But yes, 42.5% strikes me as a fair and proper estimate; or at least "one e-th" (1/exp(1))
good luck to Mandriva in anycase.
42.5% Posted May 3, 2012 20:30 UTC (Thu) by man_ls (subscriber, #15091) [Link] Isn't that perchance the exact percentage of statistical facts that are made up on the spot?
"Dear Community – II" from Mandriva Posted May 4, 2012 7:28 UTC (Fri) by AlexHudson (subscriber, #41828) [Link]
Generally when a company does get to that stage they will be seeking external investment, as a way of avoiding doom, which would often be predicated on some artificial growth plan as the reason for the investment.
So yeah, that kind on Monte Carlo or bust strategy is pretty common, and a recognizable death spiral if you've seen it a few times :)
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