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by tootie
2224 days ago
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I honestly wonder what the strategy is. Obviously they are heavily impacted in the short term, but also this is a company that has been losing money from the get go. If the intent is to build and build and build and search for profit eventually, then I'd think they'd weather this storm more than they are. They invested heavily in building up a world-class engineering team and just cut a huge chunk loose. It makes me think they aren't just cutting costs, they are refocussing the business and probably won't reenter some markets. |
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