CFO resigning is another sign they may never be able to rebuild their books

Just wanted to give some updates now that it has been 1 month since the last post 1) Senior Leadership from Tech (3) , a senior director from Product , Finance Head have all resigned. Strategy team has been dissolved. 2) There are more people in the pipeline and will get more clarity by month end. 3) Everyone over the CTC of 60 lakh has been asked about the revenue that they bring in and based on that, their position is being reconsidered. 4) All contract workers have been terminated. Interns have been told that they won't be receiving PPOs. 5) Senior Management Has been asked to take 20% paycuts. 6) Even at Junior level, people have been asked to take pay cuts or resign. 7) Lots of tools used in tech are being removed and AWS subscription has also been revised. Meanwhile HRs have been celebrating on slack channels that Yubi has been ranked in Top 25 companies for career development :/

Unacademy CFO Subbu has resigned. Shit doesn't seems to stopping any soon for Unacademy. How many more folks from senior leadership will have to resign before investors throw Mr Munjal out of the company?

What do you think? At least the handwriting is good. Source: https://shorturl.at/yCHPR

Hey Buddies, I am recently started investing in QUANT ELSS MUTUAL FUND to save taxes. However seems like the probe by SEBI is not going in right direction, including: - CEO Resigned. - Court Orders for Document Seizure. - Mutual Fund not returning much now a days. What steps should I take after this? Shall I change my mutual fund for ELSS? any suggestions on MF i should start investing in? Thanks.

First, they had a layoff. Lot of good people quit including great people Then, they had a second lay off Some great people in the leadership quit. Middle management people are quitting every day. Only engineers and other people who are not able to get jobs are remaining They shut down majority of US acquisitions They are trying to sell some of them like Tynkr and Epic Not able to raise funding till now even though trying since December Sales is down 90% New Inside Sales process is not working They are out of runway.

No appraisals this year

- Apple's CFO Luca Maestri to be replaced by Kevan Parekh on Jan. 1 - Parekh, current VP of financial planning and analysis, seen as 'perfect choice' by CEO Tim Cook - Maestri to continue leading IT, security, and real estate development teams - During Maestri's tenure, Apple's stock soared over 800% and annual sales more than doubled - Move follows recent CFO changes at other tech giants like Alphabet and Meta Source: [CNBC](https://www.cnbc.com/2024/08/26/apple-to-replace-cfo-luca-maestri-on-jan-1.html)

have been seeing a lot of startup’s having multiple CXOs leaving within a short duration of them becoming profitable. Is this another cost saving measure?