Dulfite on 27 February 2024
| aTokenYeti said: SIE announced 900 people are being laid off. I get these companies overhired during the pandemic, and a lot of this was self inflicted, but it’s getting really tiresome seeing record levels of sales and revenue being followed by layoffs. |
Record revenue or profit?
Revenue doesn't mean anything if you have profit margins like Disney or Sony have had lately. It's all about profits. If they aren't there, it's natural to see cuts in expenses which means layoffs.
