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by DebtDeflation
358 days ago
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>how do you have a layoff every couple of months for 3 years It has absolutely nothing to do with managing out low performers or managing existential business risk. It has everything to do with managing annual EPS to Wall Street's expectations. There was an inflection point at the end of 2022 where Revenue growth slowed so to maintain Earnings growth, costs had to be cut continuously, and this process is still playing out. |
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