The layoffs come as part of cost-saving measures the company says it will undertake to strengthen their financial profile by better aligning their cost structure to their business mix and long-term strategy.
I wonder why they went with “cost-saving measures” instead of “profit-boosting measures.”
The layoffs come as part of cost-saving measures the company says it will undertake to strengthen their financial profile by better aligning their cost structure to their business mix and long-term strategy.
I wonder why they went with “cost-saving measures” instead of “profit-boosting measures.”
🤮
I’m starting to think there is no long-term strategy and all these big tech companies are just chasing short term gains