Never ending Layoffs - Avis employé Employé (anonyme) UTStarcom

Over extended themselves in early 2000's and had nothing but product line sales and layoffs since. Team in US was not respected and software developed in US was taken to create competing products in China including overall framework and individual features with no corresponding return of features Management switched from a highly respectable Hong Lu to been counters concerned only with the stock price and not with product integrity and company productivity Rather than leveraging two teams working on the same types of products they let them run independently resulting in neither product being a success.