25 November 2024

Howe Street Reporter Title

Tag: layoffs

  • MedMen (MMEN.C) lay offs reveal an even deeper sickness within

    MedMen (MMEN.C) lay offs reveal an even deeper sickness within

    So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to lay enough people off that they reduce their overhead to a sustainable rate. Given that the company lost $277 Million in 2019, it’s not unexpected. Sometimes costs need to be…