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You’re leaving out the massive amount of debt he added to the company as part of the buyout. That means they need to do something like triple their most profita
by acdha 3y ago
You’re leaving out the massive amount of debt he added to the company as part of the buyout. That means they need to do something like triple their most profitable quarter just to be where they were before the buyout.
- Jensson 3y agoBut that has nothing to do with the layoffs.
- acdha 3y agoNobody said it did? I was responding to a claim that they could end up in a better financial situation because they have fewer staff, which would be an easier argument if there weren’t so many extra billions in debt on the balance sheet now.