AMD wasn't part of retail, but they cut like 20% of their staff in the high-flying tech field and then bet it all on Zen processors, and their "custom" projects

AMD wasn't part of retail, but they cut like 20% of their staff in the high-flying tech field and then bet it all on Zen processors, and their "custom" projects (XBox and PS4/PS5). Needless to say, it worked out for AMD. ------ Its possible to survive downturns. You need to cut staff, stabilize the company, and then turn it all around. It takes a good management team with long-term vision. I think "Best Buy" was a good turnaround in the past 10 years, and actually retail. So maybe a better example? I dunno enough about BBBY. But its "possible" to turn a company around. I admit that most of these cases look like a lost cause though (Kodak, Sears, K-Mart, etc. etc.)