LWSN Announces 2008 Q1 Financial Results
October 4, 2007
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Despite the upbeat quarterly report, I’m hearing a lot of grumbling from the troops. In particular that the company is being decimated in the name of cost-cutting, and that the focus has shifted away from long-term R&D to short-term billable/maintenance revenue. Also that all intellectual properties, etc. (e.g. Architects) are now being offshored and that St. Paul will be only a shell, if it even survives as the HQ. Lastly, that Landmark apps are on the back burner.