Re:OneTrust lays off 25% Workforce
by TuringNYC on Friday June 10, 2022 @09:29AM
(#31693873)
More likely: Worried about runway given difficultly of raising capital, cutting down to ensure burn-rate assumes capital isnt raised.
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With profits, shouldn't you have an infinite runway?
That depends on where your profits are coming from. If a large number of your customers depend (say) on VC funding . . .
Only if the profits are sustainable and wont go down/away with the recession.
Also, with stocks not going up infinitely, comp needs to change to less stock ("free") and more cash, further reducing profits.
Re:OneTrust lays off 25% Workforce
by stickfigure on Friday June 10, 2022 @11:01AM
(#31695155)
Yes, so assume the word profits should have quotes around it.