tronied on 22 January 2009
Uh oh, they only made 17bn in revenue for this quarter alone, and this is in addition to the 40bn+ they have in cash reserves. I mean, what? Makes me wonder why are they even bothering with the job cuts? If they are still making a profit, why not ride the recession wave until you come out the other side. I am guessing these job cuts are from middle management and recently defunct departments, otherwise it doesn't make sense.
