It shows investors that the company is reeling in their spending to become more lean, leading to the perception of better profits. You'll notice that after most layoffs the share price increases.
Remember, the only product that's important to publicly traded companies is good investor sentiment, everything else is secondary.
I thought it was a 4th dimension thing?
I think it's called heroin.
Queue the Apple dick riders defending their precious megacorp from being a POS company
"I want to be able to eat this month, so losing my job would be really bad"
You: Fuck you tech workers! The world doesn't revolve around you!
Awesome, thank you!
Interesting. What kind of rips am I looking for then? I guess it's the 20-40gb ones?
Hmm, does it even support Dolby vision?
Don't forget Sweden
There's a hype cycle that companies like MS ride to bolster stocks, during the hype they over hire to give investors the impression that they are doing really well, when the hype starts to fall, they use layoffs to inch out a bit more, because it shows investors that they're slimming down now that the hype is falling off. One of the interesting things he mentioned is that the hype is more important than the product, the product is just there to increase the hype and justify the hiring, showing investors that something great is on the way.
From the frying pan into the fire.