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carty76ers | 6 years ago

The article should have started with:

“A company, who weeks after attempting to cash out low-value shares with the dollars of future investors by attempting to IPO under hand-wavy numbers,”

Then continued with the real article:

Is now “expected to lay off thousands of employees beginning this week as it faces ballooning losses”

discuss

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koolba|6 years ago

You forgot the part where they delayed the layoffs because they didn’t have enough cash in hand to pay severance.

algaeontoast|6 years ago

Neumann deserves to have the book thrown at him for this. Although, I wish a more severe fate for Elizabeth Holmes.