JustEnoughDucks
@JustEnoughDucks@slrpnk.net
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- Comment on The creator of Fortnite has laid off more than 1,000 staff – despite billions in revenue 4 days ago:
Corpos suck ass and have no respect for their workers, but revenue is pretty useless for guaging a company’s financial health. Companies tanking and going out of business often have hundreds of millions until billions of revenue, while still being a hundreds of millions in negative. Kind of a different story than presented unless we know their revenue minus operating costs and if they have done investor money scams like stock buybacks.