Rumor on the Internets – CFO Quit and Layoffs
Anonymous sources have informed me that there have been layoffs yesterday and today at MicroStrategy (MSTR). While there’s no confirmation on this end as to the number of people (% or qty), this follows directly on the heels of other recent notable events; CFO Arthur Locke resigned Tuesday…quickly. So far, the slide to the stock price was about $3.50 today (10%)…
What does this mean? What was this a reaction to? Maybe with 9.0 finishing up, the staff is no longer needed…maybe MicroStrategy is feeling the economic crunch with the rest of us. Either way, doesn’t bode well for the staff, and didn’t bode well for the stock price.
Any one else have any info? Comments are open to public, and as anonymous as the internet allows.
Categories: Aellament, General News, Microstrategy News
Microstratgey has a big problem with some of their professioanl services directors. These are second hand car salesmen who are not well trained to speak to technical clients. More ofen than not they upset these people by their lack of knowledge and honesty, so much so that the technical managers at the client sites get totally put off by MicroStrategy product altogether.