If you are a current employee, the moral killer is being in a stock blackout period and unable to sell your stock. So, seeing a 8% layoff might be concerning, but if you’re a higher performing employee you might be happy to clean house, the 25% stock decline is much more concerning. That’s a core component of current people’s compensation.

Used to work there and they have awesome products and great people. The comments in here seem pretty negative. When I was there they do take those values seriously. I think they are just trying to do their best in a difficult situation? You rather they didn’t take corrective action and drive the company into the ground?!