Whispir have announced they plan to be cash flow positive much sooner than expected (now being Q3 '23). How has this been achieved? Basically by giving a large number of staff the arse per the graphs below
![3ba6a82a0578d0fde11ebaa5906a89797d7eab.png](//strawman.com/member/uploads/objects/25/3ba6a82a0578d0fde11ebaa5906a89797d7eab.png)
This amounts to 30% of current staff and equates to an annual saving of $14.3m. Rather large savings for a company with a current market cap of around $80m. The market liked the news, at one stage the stock was up over 40% that I saw. Does raise questions regarding the company for me given this will heavily impact R&D moving forward.