kate bolseth just joined the company the first part of the year. she couldn't even make it a year at the "leader in digital signage"?!? look at the moves the company has made in the last six or so months. CFO john whitham "resigns". CEO jeff mack "resigns" EVP of engineering and product development kate bolseth "resigns". they lay off 35 people. word on the street is that there are more coming, and looking at their financials, i cant see how that would be incorrect. 125 people across two offices is way too much for the revenue they are generating. regardless of how much money they have in the bank, how long can they go on with no sales and the wrong leadership in key positions?
so now where does that leave us? "interim" CEO. "interim" CFO. "interim" EVP of product development and engineering.
what is going on with this place?!? arrange the deck chairs is right!
Kate Bolseath actually resigned. She knew she was probably on a sinking ship and got out while the time was right. From what I hear she was brought on to do a job she never really succeeded at anyway. No lose for ronin on that one. It's only a matter of time before they close their doors. Even the executive team knows it o v e r. Their employees sure do, no one is that stupid.