Layoffs At Kintera, Earnings Call Set For Today
From the 5/7/08 NonProfit Time: "One month after Kintera received notice about potential de-listing from NASDAQ, widespread layoffs have begun at the San Diego-based software provider to nonprofits. The cuts are ahead of the firm's quarterly earnings call slated for this afternoon."
Read the full article.
Labels: Kintera
posted by Katie Drossos @ 2:23 PM
1 Comments:
The widespread layoffs and potential delisting from NASDAQ suggest the company was facing significant economic hardship, likely as a last resort before its quarterly earnings call. This paints a picture of a company in crisis, struggling to stay afloat in a competitive market.
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