I think they're spiffing up their Income Statement in - preparation for selling out.

Posted: Nov 20th, 2016 - 6:24 pm In Reply to: TTS - wonder how many ICs stuck around to work for - sm

When companies are selling, one of the first things they do is cut their labor costs to the bone to make their Income Statement (Revenue minus expenses) Statement look all nice and shiny. They gamble that they'll keep enough people that the revenue side won't suffer as much as the cuts in labor.

Don't look for them to be around long.

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TTS - wonder how many ICs stuck around to work for - sm (Views: 777, 2016-11-18, 6:30 am)
- 3 cpl as an IC?!?! Aren't they the ones who stalk your - keyboard time as well? Awful. nm (Views: 673, 2016-11-18, 7:31 am)
  - Just quit there - Sick (Views: 828, 2016-11-18, 7:54 am)
  - TTS - Yes (Views: 778, 2016-11-18, 8:04 am)
    - sorry to hear its so bad, I was thinking of - applying to get away from (Views: 709, 2016-11-18, 1:06 pm)
  - No, it's 0.326 as an employee now, no longer IC. - nm (Views: 693, 2016-11-18, 8:16 am)
- What losers. I am SO VERY HAPPY that I didnt follow up - to get in there. nm (Views: 710, 2016-11-18, 8:11 am)
  - Could not have said it better myself. - CTMT (Views: 622, 2016-11-18, 11:55 am)
    - TTS - xTTS MT (Views: 905, 2016-11-18, 12:54 pm)
      - Wow, dodged a bullet then for sure. - CTMT (Views: 759, 2016-11-18, 1:07 pm)
- Belly Up - Intelligence (Views: 782, 2016-11-18, 2:13 pm)
- Not me - Outta here (Views: 645, 2016-11-18, 7:48 pm)
- I stuck - for the moment. But they're getting exactly - what they pay for and nothing more. (Views: 649, 2016-11-20, 3:21 am)
- I think they're spiffing up their Income Statement in - preparation for selling out.
  - Agree. Already do overflow work from N, I think they are getting ends - together in order for N to buy them out. nm (Views: 460, 2016-11-21, 2:28 pm)
    - How far can all these buyouts of - sm (Views: 516, 2016-11-22, 7:34 am)