Nice ownership, poor financial management - Anonymous employee Myonex Employee Review

Poor financial planning. Target revenue numbers missed in Q1, but the company still plowed forward with two acquisitions and didn’t try to manage expenses until it became “too late” to save jobs. The CEO callously suggested he was doing his part by no longer flying first class to Europe even though he was “entitled to it”. It felt really insensitive especially given that he was flying so much that he probably could have gotten free upgrades and saved the company buckets of money (and maybe some jobs).