It's only going to get worse….If you only knew the decisions that are being made inside to save their own hides…buckle up….it's going to be rough...
When you're robbing Peter to pay Paul, & Peter doesn't have much more than food stamps on him, Paul tends to get very very angry. If you think a medical device company can stay in business w/ COD terms, you've got another think coming. It's not out of the realm of possibility to foresee the day when the Arlington campus is sold piecemeal to a veritable multitude of new smaller suitors. Might as well start facing the cold hard facts of life that it's virtually impossible for "MicroPort Orthopedics" to ever grow its way out of the current malaise. Which sucks for the working folks that're just trying to make a decent living & provide for their families. We certainly didn't ask for -- or deserve-- this outcome.
I for one killed it in jan and feb. I hope you did too. Because its not about the bigger bullshit its about you and the customer and if he/she trust you. This company still has the least amount of bullshit on this site compared to our competitors and I know that's a good thing. Good luck out there and stay positive people.
So when broadcast entities start dropping channels, it's only a matter of time before the transmission ceases altogether. <clue>
Late March / April - this one will make the last RIF seem like a cakewalk. Think about it for a minute, when we transitioned away from WMT the infracture and headcount could support $250M in sales. Currently, we will be lucky to reach $210M in 2015. There is no way MicroPort Scientific can allow this to go on for long.
We have a house just for the MicroPort Scientific employees when they come over to the US. Its quite a spread down in Germantown, furnished, with a nice SUV parked in the driveway. The house is huge and could house 50 chinese guys!
That's because no one knows about MicroPort. Or this board. It's not because the company is doing well.