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It depends. There's some business units that just don't make any sense to keep funding. They may have become uncompetitive, technology could have made their b
by tryitnow 10y ago
It depends. There's some business units that just don't make any sense to keep funding. They may have become uncompetitive, technology could have made their business model obsolete.
There's a whole host of reasons why it would be smart to lay off a big part of the workforce.
Mostly, it just comes down to getting a better return on invested capital elsewhere.