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They had $500M in the bank. The whole "COVID affected our revenue" was a made up lie to save face. Every company has been using COVID as an excuse to do a lay o
by freshsqueeze 6y ago
They had $500M in the bank. The whole "COVID affected our revenue" was a made up lie to save face. Every company has been using COVID as an excuse to do a lay off they've been meaning to do.
You can maintain a browser for that cash (or buy Instagram or Whatsapp). But you can't maintain a bunch of execs siphoning money into the pockets while the org runs like a headless chicken.