RE:RE:RE:RE:Verde Posts 65 vacant positions on its websiteBenedictus wrote: Based on the stated guidance for 2021 I would agree that this looks like overzealous hiring. Fixed costs were already creeping up in the last quarter. It would be less concerning if sales growth was projected to double this year and max out current production capacity but without such guidance this almost appears to be a cart before the horse situation. But it's always easy to second guess a company's operational decisions from the outside... definitely worth getting CV's reasoning behind such aggressive hiring on the next Q&A.
We are fortunate to have the opportunity to ask about the CEOs reasoning behind the hiring strategy, inherent in the posting of 56 new positions at this time, at the Q&A session scheduled for Wednesday June 16.
If not addressed then, the AGM on June 30 2021 is now only 15 days away, so we would have another opportunity in 2 weeks time.
Cheers,
S.