Reply to post: Presumably Chap. 11 was obvious to management two weeks ago...

Violin Memory shares collapse as it files for chapter 11

DNTP

Presumably Chap. 11 was obvious to management two weeks ago...

So why in hell did they pay a 150k retention bonus to CFO Cory Sindelar two weeks ago to keep him onboard into 2017, while at the same time firing staff and billing it as a turnaround transition strategy?

Liars and looters!

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon