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All's good when the stock price is inflated. The reckoning (cost cutting) will come.
by cylinder 9y ago
All's good when the stock price is inflated. The reckoning (cost cutting) will come.
- tanilama 9y agoWhich is inevitable. They better saved enough money before the company wiped them out for its own existential crisis, because by then, it is hard to imagine how could they return to this ridiculous lifestyle once again.
- contingencies 9y agoThey've got cash reserves of like 100 billion...
- tanilama 9y agoTell that to Microsoft, and how many people they are still planned to layoff on the way. Company is going to survive, even continue to prosper, but they will trim the fat and relaunch itself someday in the future as all the companies do.
- rwmj 9y agoOr maybe they'll entrench their advertising monopoly and perhaps gain a few more in driving cars and so on, and then they'll coast along as rentiers?