The Light Is An On-Coming Train
Lots of friends already laid off or left prior to the current lay-off. Routine hiring of people and then laying them off after a less than a year - staying below 500 employees. In the months preceding this "restructuring" announcement .. a number of mid-level executives were laid off or left. If we are to guess - the number will be well under 383 as the previous comment stated. They are also right about the cards. Toshiba was supposed to be buying in large quantities. Never did, did they ? Velocity cards appear to have turned out be a dud for Violin. Was it more about ego ? You don't see independent public benchmarks of the Violin cards like you do for Intel, Fusion IO, Micron, Virident... The real calamity is approaching - and that is the earnings report in early March that many people expected on Feb 21st. What does a problem IPO, losses, lay-offs and re-evaluations of products suggest. A company deeply mis-managed and floundering. All of this is appears as positioning - executive firings, lay-offs, restructuring and re-evaluations - for the earnings report. How many new companies did they attract to their arrays ? What revenue did sales bring in ? How big a loss did they have ? How bad could it be ? We will see. Given all this positioning some of us can guess the answer.