Working blindfolded: Do you know the financial health of your company?

There is a recent trend where good people have found themselves in ortho companies with poor financial health. Often they are blind-sided with a RIF, or asset sale of the company, or an acquisition of the entire company. Good people call me to say that they had no idea that their employer had financial issues. Shame on them.
My advice: Employees of public companies should read every quarterly statement and also listen in to the quarterly earning calls. It's harder for employees of privately held companies to get this information. Private employees will have to ask to see financial statements...


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