Obviously this is false info ....if anything Oct 29th news of hiring David Windley as head of Human Resorces indicates FIO plans on hiring to keep up with future growth. How you post this with no reference in fact must indicate you shorted in mid $9 range would be my guess. Newly hired Mr Smerdon obviously thinks FIO is worth more than $10.75 having accepted 240000 shares with exercise price of $10.75
I agree I think he is cleaning house and fixing the broken sales organization. This has been holding the company back. Best technology and most complete portfolio of products. But they still hit a plateau. It seems obvious to me now. The board wanted to fire Jim Dawson and so they put Robison in charge to clean house and right the ship by fixing their broken sales model.