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If that isn't abject failure, what is? Musk apparently laid of massive numbers of engineers, each news story seemed to grow the tale. If he laid off 50% of en
by b112 3y ago
If that isn't abject failure, what is?
Musk apparently laid of massive numbers of engineers, each news story seemed to grow the tale.
If he laid off 50% of engineers, and the highest paid ones at that, I'd say profits would be up, or at least the same, even with that drop in revenue.
I wonder what the true story is, re: profit, and without any tax savings writedowns / earning reports in rhe mix.
- zimpenfish 3y ago> I'd say profits would be up, or at least the same Unfortunately, even if that is the case, there's $1B of debt servicing per year which wipes that completely out. Even in what I think was Twitter's best year, they only made $580M profit (which ended up being a $220M loss because of an $800M settlement) - and that included a much better ad revenue situation, etc.