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by jpwgarrison 2275 days ago
99% of all businesses are planning on at least two really bad quarters coming up. Very few have cash reserves to cover shortfalls. If you’re planning out the rest of the year, and you were already in a little trouble, you have to cut expenses immediately.

I’m not sure Omni is as tied to quarterly planning/reporting; but for those who are, and are on the regular calendar schedule, this all happened just in time for a lot of the potential Q1 end of quarter sales to dry up as everyone tightened up.