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Intralinks / BANKRUPT!!

1 NY, United States

IntraLinks... BANKRUPT!!!

Looks like the $295MM in debt has caught up with IntraLinks. Revenue is down significantly years over [protected] due to soft/non-existent loan market... drop in M&A, non-competitive corporate solution, PE, and Life Sciences...

As of today.. it was anounced that there are massive layoffs happening again!!! What gives? Is the community sending it's business elsewhere??? Something they seem to be SERIOUSLY considering... They are losing service people and market-share quickly..

What about management? Who is leading IntraLinks into the abyss??? Who buys a company for $475+MM and appoints a CEO without leadership experience? What about sales management??? Kidding? Right? Sounds like the party is ending... Time for the Board to take serious action. It's no longer about cutting costs... its about cutting HEADS!!!

The investors cannot be happy!! But...Are they willing to ACT?? That IS the question...


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