What he meant was "I had hoped _our_stock_price_ would have more clearly stabilized by now..."
They over-hired low[er] quality employees (by his own admission) when the stock exploded in 2020. Now they'll do anything to avoid official layoffs to save face.
They over-hired low[er] quality employees (by his own admission) when the stock exploded in 2020. Now they'll do anything to avoid official layoffs to save face.