Move is designed to stem losses after two rounds of layoffs last year.

Amazon’s Twitch to Cut 500 Employees, About 35% of Staff::Move is designed to stem losses after two rounds of layoffs last year.

  • HobbitFoot @thelemmy.clubEnglish
    3·
    1 year ago

    That only became a thing recently with the ability to buyback stock preventing stock dilution, the low cost of buying and selling stock, and a shit bond market.

    And if there isn’t a competitor on the horizon, why invest in R&D?