3 ms·
but they are all reporting record breaking profits.
by aldarisbm 4y ago
but they are all reporting record breaking profits.
- jayd16 4y agoLayoffs are about projected profits not past profits.
- gmt2027 4y agoSo the plane has been flying over valleys at record altitude and we see a couple of mountains ahead that we will easily clear. Despite being absolutely no where near crashing, let's throw a couple of crew overboard so that we can continue to climb to new heights and keep the hype engines of our overvaluation going?
- pixl97 4y agoThere was one time that Kodak made record profits and now they exist in name only. "Past performance is not indicative of future results"
- Apocryphon 4y agoThese pat responses still elide whether future results are contingent upon drastic action. You simply cannot justify all actions by claiming past success is irrelevant.
- jayd16 4y agoYou can't say it's all that matters either.
- disqard 4y agoMaybe you missed the memo, but corporations are supposed to grow exponentially, for all eternity -- never mind the Laws of Thermodynamics (or any other sanity check, for that matter).
- andsoitis 4y agogoogle’s profit not only dropped 34% in the last quarter, it is also the fourth consecutive quarter that their profit as dropped. if they didn’t change anything and just continued on, what do you predict the next 4 quarters would look like? what do you think the comp of those at google will look like taking into account that more than 50-60% of one’s compensation is equity? and this is just one prominent example.