Posts by Prometheangift 3 publicly visible posts • joined 5 Feb 2013
Another 627 get the axe today. This is the final curtain, 1,000 gone with people jumping ship. There is nothing left to sell. Those that have shown some interest will be pulling out post haste if they haven't already done so.
Customers must look for another supplier as soon as possible.
Alas, the final denouement of 2e2's Business Applications team which at one time could have been sold off as a separate concern. Any remaining staff of which there are very few are looking to bail out before their February salary is not paid. What a fiasco, 2e2 turned their profitable division (reported about £4M FYE 2011) into a loss making operation through its remodelling. This would make a classic MBA case study of how to screw up a good business.
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