Profitless | Site-Wide Activity

Cran wrote a new post

Sun, 15 Feb 2026 15:28:02 -0500

Intuit's Sasan Goodarzi Doesn't Read Books, But He's Got One to RecommendSasan Goodarzi, the CEO of Intuit, wants you to know he doesn’t read books. Thinks they’re a waste of time. But if you put a gun to his head and made […]

Lew wrote a new post

Mon, 12 Jan 2026 20:32:07 -0500

Mobileye axes 200 in its latest lane departureMobileye, the crown jewel of Intel’s garage sale, is trimming another 200 employees from the payroll. Despite actually beating revenue expectations r […]

Lew wrote a new post

Sun, 30 Nov 2025 18:38:31 -0500

RCI’s leadership lap dance: CEO and CFO step off the main stage with a three day goodbyeRCI Hospitality Holdings, the publicly traded strip club empire and owner of Rick’s Cabaret and Bombshells has announced the abrupt departure of CEO […]

Lew wrote a new post

Sat, 29 Nov 2025 01:15:22 -0500

Thanksgiving week massacre at HP: 4,000+ sacrificed to the Mechanical GodHP ($HPQ) will be cutting between 4,000-6,000 jobs in its big Thanksgiving week push (10% of staff) in order to “streamline operations” for its “AI […]

Lew wrote a new post

Sat, 29 Nov 2025 01:09:21 -0500

Thanksgiving week layoffs at McKinseyMcKinsey has announced 200 job cuts of tech workers due to AI “enabling unprecedented levels of opportunity and impact for us and our c […]

Lew wrote a new post

Mon, 24 Nov 2025 21:23:16 -0500

Struggling Six Flags looking to sell underperforming parks; announces new CEO Amusement park company Six Flags stock is up 7% today on news that the company will be looking to shed its underperforming parks — likely at the […]

Lew wrote a new post

Mon, 24 Nov 2025 20:50:24 -0500

Former Campbells Soup employee releases wild tape of company vice president A former employee is suing Campbell’s (of soup) for wrongful termination after he was allegedly fired for reporting his boss’s wild rant in which he […]

Lew wrote a new post

Fri, 21 Nov 2025 15:41:00 -0500

Intuit's Sasan Goodarzi makes the post-earnings rounds dressed like Rocky Balboa Intuit quarterly results are in and they’re good enough where CEO Sasan Goodarzi fels confident enough to wear the most insane outfit we’ve seen in a […]

Lew wrote a new post

Wed, 19 Nov 2025 20:00:58 -0500

More layoffs at Barbie HQBarbie’s house just shrank. Toymaker Mattel is chopping 89 marketing and design jobs at its El Segundo headquarters, starting January 12, 2026, as it c […]

Lew wrote a new post

Wed, 19 Nov 2025 15:10:53 -0500

Hats off at Fanatics Tampa distribution centerSports apparel giant Fanatics is announcing it will shutter its Oak Creek distribution center next year and shift the work to a newer, “more a […]

Lew wrote a new post

Wed, 19 Nov 2025 14:56:24 -0500

Laying (off) PipeOnce valued at 2 billion, fintech company Pipe is laying off around 50% of its staff. The alternate title was: half-Pipe.

Lew wrote a new post

Wed, 10 Sep 2025 16:46:42 -0400

Days after laying off 10%, Vimeo acquired for $1.38 billion Just one week after CEO Philip Moyer took to Linkedin to spin the company’s decision to axe 10% of its workforce, Vimeo is being sold off. The s […]

Lew wrote a new post

Tue, 09 Sep 2025 15:01:42 -0400

Scope3 snipes an undisclosed numberThis company has been in our sights for awhile… Carbon emissions auditor digital advertising middleman Scope3 is laying off an unknown number of […]

Lew wrote a new post

Mon, 08 Sep 2025 21:35:41 -0400

Rivian sheds 200 in run-up to new car's launch next yearWith a $7,500 tax credit set to expire this month and before the launch of its newer, cheaper SUV (the R2), Rivian is axing 200 employees (~1.5% of its […]

Lew wrote a new post

Thu, 21 Aug 2025 16:13:24 -0400

Kyte shuts down after sinking $550+ millionRental car company sputters? Kyte falls out of the sky? What kind of metaphor should I have used to describe the spectacular bust of a company once […]

Lew wrote a new post

Fri, 01 Nov 2024 16:01:11 -0400

Super Micro threatened with Nasdaq de-listingKnives falls fast. Last night Super Micro was notified that it faces Nasdaq de-listing if it does not submit a “compliance plan.” That should be easy, […]

Lew wrote a new post

Thu, 31 Oct 2024 18:01:40 -0400

Miro slashes workforce by 275Online whiteboarding tool Mira is dry-erasing 275 people from its workforce (18% of total) according to The Information. The company’s last valuation […]

Lew wrote a new post

Thu, 31 Oct 2024 13:51:33 -0400

Lew wrote a new post

Wed, 30 Oct 2024 17:28:30 -0400

Super Micro blasted by their auditors on the way outWow. In the strongest statement I’ve seen in a long time by an auditor, Ernst and Young has resigned as Super Micro Computer’s auditing firm saying […]

Lew wrote a new post

Wed, 30 Oct 2024 15:08:41 -0400

MetaMask owner Consensys axes 20%Blaming the regulatory environment and congress, Consensys’ CEO announced a 20% layoff across their entire business — including the popular MetaMask […]

Lew wrote a new post

Tue, 29 Oct 2024 17:44:23 -0400

Janus International Group's stock is in freefall after bad quarter & bad guidance Q3 earnings are out and storage building company Janus International saw its sales fall 18% from last year. Its EPS was half of what analysts were […]

Lew wrote a new post

Tue, 29 Oct 2024 16:07:28 -0400

Lilium NV plummets to the ground after gov declines to rescue it mid-airIn our second “falling to earth” headline metaphor of the day, Lilium NV will be shuttering its two subsidiaries after it failed to raise the 100mm in […]

Lew wrote a new post

Tue, 29 Oct 2024 14:16:38 -0400

Spirit Airlines continues its tailspinMaking more moves to stave off bankruptcy after the courts refused an acquisition by JetBlue, Spirit is set to sell 23 planes and implement a […]

Lew wrote a new post

Tue, 29 Oct 2024 13:50:12 -0400

Espirit is shirtlessEighties and nineties kids might remember when Espirit was the peak of cool, but no one else does. The failed fashion brand company is filing chapter 7 […]

Lew wrote a new post

Fri, 25 Oct 2024 14:57:58 -0400

Is Zeta Global using weaselly language to play up its revenue retention expectations?Lauren Balik has been looking into digital media company Zeta Global lately with posts about their election data and irregularities surrounding their […]

Lew wrote a new post

Fri, 25 Oct 2024 05:40:44 -0400

The Princeton University endowment fund is laughably badWant to feel better about underperforming the market by actively managing your IRA? Well, you’re probably beating Princeton as its endowment fund […]

Lew wrote a new post

Fri, 25 Oct 2024 01:55:27 -0400

A boardroom shakeup is the latest battle in the war between Klarna co-foundersBuy now, pay later company Klarna was founded nearly twenty years ago by Victor Jacobsson and Sebastian Siemiatkowski. A decade ago, that partnership […]

Lew wrote a new post

Thu, 24 Oct 2024 15:13:05 -0400

Links: October 24, 2024Three years in, Fox Weather is attracting viewers — and proving the doubters wrong Keurig Dr Pepper to Buy Energy-Drink Maker Ghost for Over $1 Billion Continuing Jobless Claims Jump To 3 Year Highs

Lew wrote a new post

Wed, 23 Oct 2024 16:23:23 -0400

Intuit draws more attention to their CEO's bad interview by demanding The Verge edit itThere’s a writeup on Tech Dirt which talks about how Intuit’s management lacks any understanding of the Streisand Effect when it attracted more […]

Lew wrote a new post

Wed, 23 Oct 2024 14:25:18 -0400

Morning links:Boeing Posts $6 Billion Loss Ahead of Strike Vote North Dakota voters could end property taxes — and pour ‘gas on the spark’ of a growing tax revol […]

Lew changed their profile picture

Wed, 17 Jul 2024 12:12:13 -0400