back to article Barracuda billings blunder: Blair bloke bullish

Barracuda boosted revenues 17.8 per cent on an annual basis to $78 million in its first fiscal 2016 quarter, but made a -$3.8 million loss. A year ago it made a $200K profit on its $66.2 million revenue, so why has it gone down the toilet profit-wise in this latest quarter? Prez and CEO BJ Jenkins didn’t say in his tinned …

  1. Khaptain Silver badge

    Corporates care

    How much profit, would have been made if the top 10 earners salaries were not paid out....

    BJ Jenkins earns approx 700,000k, so I can easilly imagine that the top ten in the company must earn just under 4 Million between them...

    As is the case with the usual corporate environments, only one of those 10 people will actually be doing anything worthwhile over and above actually being a sycophantic maniac....

    Lets remove the 9 useless sycophants, replace them with people that actually care, for half the salary, they will still be happy and the company could add another 2 Million to it's P&L for the year....

    There I just saved Barracuda from the scrapyard.. Now that's all in a theoretical world, in the real world there are probably only 1 in 20 at the top that are actually worthwhile.....

    I'm going back to reading Engels and slipping back into the socialist russian haze.....

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