Hi
I was checking the employee count for phantom on epfo.
In last month the employee count has decreased by 20%.(basilic down 10%)
That is a significant layoff.
there was no mention of these in Q4 concall.so I guess it was not due to productivity gains as mentioned in the update today.
Layoff indicate that companies expect pain to continue in near term.
Dis: Invested. completely biased
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