This changes my initial thoughts
$UiPath (PATH.US)$ now it won't be moving for a good year now. Can't believe this, restructuring really? I'm out.
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White_Shadow : a year you think??? Doubt it will take so long
beedeebee : why? I personally think restructuring is a good move. For such company, they usually hire a massive number of people to scale up the business. When the product is mature enough, they will start letting go people to improve their bottom line. that's how I view it. of cos depending on the speed of the restructuring, restructuring cost may incurred and may not see any improvment within 6 mth to a year. Do you mind sharing more of your views?
The Golden goose OP : I think the results for Q2 is not going to be a good one. I mean they announced a restructuring in July, right after June books (they would have a flash report before final numbers). That is a clear indication that either cash burn is too high or June results not good.