I don't really get the motivation for this beyond personal greed on behalf of executives that are only seeking to prop up the share price in the short term.
The market forces at work will force all technology companies down in valuation pretty much regardless, what is the difference of a few extra million market cap to handicap your ability to grow during the next expansion phase?
I can understand it if you have brought on a lot of fat and you want to lean out your team and need an excuse but outside of that rather narrow situation I really don't understand cutting stuff like technical writers etc during these periods.
Why handicap yourself in the future just to make one quarter look better? Surely if you have faith your stock options will be worth more if you play the longer game?
The market forces at work will force all technology companies down in valuation pretty much regardless, what is the difference of a few extra million market cap to handicap your ability to grow during the next expansion phase?
I can understand it if you have brought on a lot of fat and you want to lean out your team and need an excuse but outside of that rather narrow situation I really don't understand cutting stuff like technical writers etc during these periods.
Why handicap yourself in the future just to make one quarter look better? Surely if you have faith your stock options will be worth more if you play the longer game?