Steady ships?? Small Bone is not even in the same universe, nevermind ballpark as S&N!! It will have some reorganizations from time to time but the future of the company is assured!
Your entire staff spends more time searching for a new job than they do working! The field is littered with their resumes and desperation as they are doing anything possible to evacuate to a better place!
Any one of them would grab the chance to come and work for S&N!!!
I work for one of the larger medical device companies -not Smith and Nephew- and we have received several resumes from employees of Small Bone - some of them highly placed.
They obviously don't have much confidence in the organization.
Because nobody with any talent would bother to work for Small Bone- it is a place of last resort on the career ladder.
The company has a tiny market for their products and is completely dependent on outside financing.
The goal of management is not to run a profitable company but to squeeeze as much cash out of it for their own personal gain using any means necessary.
Because nobody with any talent would bother to work for Small Bone- it is a place of last resort on the career ladder.
The company has a tiny market for their products and is completely dependent on outside financing.
The goal of management is not to run a profitable company but to squeeeze as much cash out of it for their own personal gain using any means necessary.
Small Bone is expected to end the year with right around $40-43 million in revenue. It seems that we peaked with our current product portfolio. Next year is expected to decline.
Small Bone is expected to end the year with right around $40-43 million in revenue. It seems that we peaked with our current product portfolio. Next year is expected to decline.
Pretty telling that their own projection isn't even more accurate than a 10% sway one way or the other (in that they're not any closer to the business than that after this many years in the arena?). That's a pretty big guess.
It's bad and most people know it. I would estimate that anywhere from 50-70% of the employees are out job searching at any given time. Its clear to most that growth is flat and opportunities are limited.
The STAR ankle simply never had as big a market as was anticipated. It may be a good ankle but it cannot generate the revenue necessary to grow or even sustain the curent company.
It's bad and most people know it. I would estimate that anywhere from 50-70% of the employees are out job searching at any given time. Its clear to most that growth is flat and opportunities are limited.
