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Your math isn’t right (that target was only for part of the year), we’re actually still well below the year’s original target. I imagine we won’t ease measures until at least Q2 of this coming year (perhaps longer…). Leadership needs to know for sure we’re on solid ground before they can relax (the economy holding up still isn’t a sure thing if you’re keeping up with that end of things). We’re also likely to prioritize opening the purse for furloughed people, deferred analysts, new hires, etc. before we get perks back. At least, that seems to be the tone from various convos.
Q2 sounds reasonable to me as well. Sustained profitability is needed. People seem to forget the firm was losing money for the first half of the year. We have to make those losses up before we are even back to breaking even. So a few months of profitability does not mean we are actually break even for the year yet.
Ah, the classic move by high-paid consultants who've never had to worry about the price of bread going up. Isn’t it a bit out of touch to overlook something like inflation? It's not just about numbers and percentages—it's real life for many. For every tick upwards, real people are facing real struggles. Let's not forget the human side of these economic trends.
@AS2 we found the interest rate guy
Monthly target of 17M was only part of the year—with a reduced cost base relative to the whole year
When the goverment stops printing infinite money and crashing the economy
Would be nice
something something interest rates
Someone clearly didn’t hear the part where the estimate at the start of the year was 260…..