For the people I know that are still there, out of 49 in their division, 2 hit their goal. Granted, they may have jacked up the goals to unreasonable levels due to not wanting to pay commission, but it sounds like there were a lot of people that were way off. Many are spending more time looking for other opportunities rather than working. Several more have left, there are only a very few that I know that are hanging on.
I can say that I am a proud contributor to those reviews. Although I had to write three before Glassdoor finally accepted mine. I also make sure that I tag all the negative reviews as "helpful" so the bad ones float to the top based on ranking. Of course, that is a weekly activity of mine.
The numbers are horrible. The regional manager for the GLNC in Minnesota just left, check Linkedin. We will see a decline of $100 million in revs this year. The turnover had been crazy.
Looks like the institutionals are getting out while they can. The 13F looks horrible. Net liquidation of 6 million shares last quarter. This will be under a buck by next earnings.
Don't think this will move to 3.
No kidding. I think this is the lowest we have ever seen this stock going in to earnings. Not only that, but the next two quarters are generally the lowest revenue of the year. The turnover has not just been in sales, but in management as well. They are not replacing sales reps which means, as we all know, less bodies bringing in revs. We are at a tipping point. I would not be surprised if revs wind up being 500 mil this year.
Return to the share holders? The stock is at the lowest it has ever been since they were listed. Have you looked at the declining stock price over the years? Nothing has been returned to the shareholders but poor performance.
They have nothing that Google or Facebook would want. They may be interested in Indeed, CB, Dice or Linkedin, but Monster has nothing that anyone would want. All they have are renewals that are slowly going away. But, feel free to buy as many shares as you want, the institutionals are unloading at a fast pace.
Speaking of Linkedin, check it out, more MANAGERS recently left the company. I have a feeling that revs are going to be below $500 million this year. We have hit the tipping point. there is no saving this, just watching it fall until they close shop. Less than two years on this one. No more talent coming from the other competitors. They can't bring anyone with value into the company. The slow bleed has turned to a hemorrhage.