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GeneralRe: Sitting too much ages you by 8 years Pin
Joe Woodbury20-Jan-17 10:39
professionalJoe Woodbury20-Jan-17 10:39 
NewsBjarne Stroustrup mines generic programming for a better C++ Pin
Kent Sharkey19-Jan-17 7:34
staffKent Sharkey19-Jan-17 7:34 
GeneralRe: Bjarne Stroustrup mines generic programming for a better C++ Pin
Vark11120-Jan-17 2:23
Vark11120-Jan-17 2:23 
GeneralRe: Bjarne Stroustrup mines generic programming for a better C++ Pin
Dan Neely20-Jan-17 4:37
Dan Neely20-Jan-17 4:37 
GeneralRe: Bjarne Stroustrup mines generic programming for a better C++ Pin
Vark11120-Jan-17 9:13
Vark11120-Jan-17 9:13 
NewsProgress announces 20% layoffs (450 people) Pin
Pete O'Hanlon18-Jan-17 16:17
mvePete O'Hanlon18-Jan-17 16:17 
GeneralRe: Peogress announces 20% layoffs (450 people) Pin
Kornfeld Eliyahu Peter18-Jan-17 19:52
professionalKornfeld Eliyahu Peter18-Jan-17 19:52 
GeneralRe: Peogress announces 20% layoffs (450 people) Pin
Marc Clifton19-Jan-17 9:06
mvaMarc Clifton19-Jan-17 9:06 

as a result of reduced future growth expectations


So they're laying of 20% because of "expectations" of basically something that is a complete vapor-value, namely share value.

And yet:


Yogesh Gupta, CEO at Progress, said: "I am pleased with our earnings per share and adjusted free cash flow performance during the quarter despite revenue falling short of our goals. Initiatives undertaken during the quarter to manage our expenses allowed us to reach this outcome. I am excited by the opportunities we have in front of us, and look forward to what we can accomplish in 2017 and beyond."


Yeah, except for 450 people.

Funny, where I live, Yogesh is a gastroenterologist. Puns omitted. Roll eyes | :rolleyes:

Marc
V.A.P.O.R.ware - Visual Assisted Programming / Organizational Representation

Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny

Artificial intelligence is the only remedy for natural stupidity. - CDP1802

GeneralRe: Peogress announces 20% layoffs (450 people) Pin
jesarg19-Jan-17 10:55
jesarg19-Jan-17 10:55 
GeneralRe: Peogress announces 20% layoffs (450 people) Pin
Mark_Wallace19-Jan-17 21:04
Mark_Wallace19-Jan-17 21:04 
GeneralRe: Peogress announces 20% layoffs (450 people) Pin
User 842019-Jan-17 11:03
User 842019-Jan-17 11:03 
GeneralRe: Progress announces 20% layoffs (450 people) Pin
Joe Woodbury20-Jan-17 10:10
professionalJoe Woodbury20-Jan-17 10:10 
NewsUltrasound Tracking Could Be Used to Deanonymize Tor Users Pin
David O'Neil18-Jan-17 14:29
professionalDavid O'Neil18-Jan-17 14:29 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Rajesh R Subramanian18-Jan-17 15:43
professionalRajesh R Subramanian18-Jan-17 15:43 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
dan!sh 18-Jan-17 16:35
professional dan!sh 18-Jan-17 16:35 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
David O'Neil18-Jan-17 18:34
professionalDavid O'Neil18-Jan-17 18:34 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Dan Neely19-Jan-17 2:25
Dan Neely19-Jan-17 2:25 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Rajesh R Subramanian19-Jan-17 11:37
professionalRajesh R Subramanian19-Jan-17 11:37 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Dan Neely20-Jan-17 4:38
Dan Neely20-Jan-17 4:38 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Rajesh R Subramanian20-Jan-17 15:23
professionalRajesh R Subramanian20-Jan-17 15:23 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Dan Neely23-Jan-17 2:24
Dan Neely23-Jan-17 2:24 
GeneralRe: Ultrasound Tracking Could Be Used to Deanonymize Tor Users Pin
Rajesh R Subramanian23-Jan-17 11:14
professionalRajesh R Subramanian23-Jan-17 11:14 
NewsSkills gap could hold back blockchain, AI, IoT advancements in 2017 Pin
Kent Sharkey18-Jan-17 11:13
staffKent Sharkey18-Jan-17 11:13 
GeneralRe: Skills gap could hold back blockchain, AI, IoT advancements in 2017 Pin
raddevus18-Jan-17 12:26
mvaraddevus18-Jan-17 12:26 
GeneralRe: Skills gap could hold back blockchain, AI, IoT advancements in 2017 Pin
Duncan Edwards Jones18-Jan-17 12:26
professionalDuncan Edwards Jones18-Jan-17 12:26 

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