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Dec 5, 2023Liked by Joe Hovde

Happy for you that you still have your job and happy for you that your attitude would have helped you weather losing it.

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Thank you - certainly would be painful but I think i could at least reason through it

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The only path to organizational stability is financial viability. It is best if the company has revenues > costs so that painful layoffs are unnecessary. Of course, investors want to increase their growth, and often put large amounts of into a business, which temporarily allows the business to acquire outsized costs. Then a reckoning may come if the anticipated growth doesn’t materialize. one hopes that the recent changes do put the company into the zone of financial viability.

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