Record revenue Thursday. Thousands of jobs gone the following Tuesday.
☕☕☕☕
☕☕☕☕ Boiling
AN
Anonymous
The quarterly earnings call was on a Thursday. Record revenue. Leadership talked about strong demand and resilient growth. The restructuring announcement came the following Tuesday. Thousands of jobs.
Someone in the all-hands asked how you square record revenue with cutting this many people. The answer was about "repositioning for AI" and "sustainable investment patterns." It wasn't an answer. It was a talking point.
The business is fine. We are being cut because it is cheaper to cut us than to retrain us, and because Wall Street rewards headcount reduction announcements regardless of the business rationale, and because the executives who make these decisions are insulated from the consequences by compensation structures that make our entire year's salary look like a rounding error in their bonuses.
None of that makes it right. It just makes it legal.
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