• Stone Fox Capital
    crazy stuff from $OCZ cutting 28% of non-production workforce. When $SVNTQ did a similar reduction the stock roared soon after.
    Reply (3)
    • weed: 28%? Wow. In my limited experience, companies never cut enough the first time around.
    • FortSumter: Yeah, imagine the morale there going forward. I've been in that environment and productivity goes to zero as everyone "looks forward".
    • Stone Fox Capital: The mega-caps don't b/c the cuts lead to more revenue problems. Small caps though can re-org and focus their way to a turnaround.
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