The timing of the cost-cutting announcement, coinciding with anticipated outflows, might raise eyebrows for some investors. However, the transparency demonstrated by management in acknowledging the need for cost reduction, even if it impacts their own compensation, is commendable.
In my opinion, trustworthy leadership that prioritizes open communication with shareholders is far more valuable than management teams that obfuscate information.
The timing of the cost-cutting announcement, coinciding with...
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