I must say for the first time in ages I'm truly impressed with their most recent move. Slash expenses is great, but I like the additional layoff and increase in cash on the books. It shows they are still thinking about making more aquisitions in the future. Without question, the best move they've made in a while.
If those employees don't know by now that ONNN is all about buying revenue and then laying off headcount, they are too stupid to work at ONNN at this point. I mean...just HOW MANY iterations of ONNN whacking employees does one have to witness to realize their time is coming. They all have it coming. ONNN Business Cycle: Step 1: Buy semi-profitable zero revenue-upside for cheap. Step 2: Make revenue profitable via pro-active attrition. Step 3: Repeat as needed or until FB's options in the money.