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Glad they laid off all those employees to get ready for the lean economic times.

• missedthecue 3y ago
  Looking at it from the other direction, these numbers make it seem that they were in fact overstaffed.
  • pyrophane 3y ago
    I think it is kind of silly to try to evaulate the business impact of layoffs by looking at revenue for the quarter immediately after.
    • wintogreen74 3y ago
      Indeed. Revenue should be flat or go down after layoffs, not up.
• xwdv 3y ago
  I don’t get this line of thought. These employees were well paid, and earned good money for many years. They’ve had their fill, it’s time to move on to some new job. A company should be praised for trimming the fat and reducing headcount: Making leaner more efficient operations. People complain why it takes thousands of engineers to run an app, but then they still complain when you try to reduce amount.
  • peanuty1 3y ago
    Companies like Boeing, General Motors, Starbucks, Home Depot, and Nordstrom would be glad to hire those laid off software engineers.
    • htss2013 3y ago
      How are those companies insulated from the same economic pressures that caused the big tech layoffs? Maybe rising borrowing costs will be slower to affect consumer discretionary companies, but they will, arguably more than monopolistic big tech. Boeing is an exception because of government contracts.
  • deleted 3y ago
    [deleted]
  • nancyhn 3y ago
    Any serious thinking person understands it's healthy. You just can't win with keyboard warriors who have no perspective and complain about everything.