Singh: PAR Technology was running out of money, forcing day-one layoffs
Savneet Singh · Savneet Singh – The Operator/Investor whose Software is Feeding the World (Capital Allocators, EP.220) · Nov 1, 2021 · at 29:58
Savneet Singh recounts the immediate liquidity crisis and turnaround measures he implemented upon taking the CEO role at PAR Technology.
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“The first thing I had to do as a CEO, literally the first day in the office, I had to go and terminate 25% of the workforce because we're running out of money.”
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