> The cuts will provide a $2 billion boost in near-term revenue, the company said, but will bring with them between $1.1 billion and $1.5 billion in one-time costs, including severance and other costs.
So, you just ended the livelihood of 12% of the company to save about half a billion dollars, never mind the opportunity costs in losing whatever those people were working on.
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> The cuts will provide a $2 billion boost in near-term revenue, the company said, but will bring with them between $1.1 billion and $1.5 billion in one-time costs, including severance and other costs.
So, you just ended the livelihood of 12% of the company to save about half a billion dollars, never mind the opportunity costs in losing whatever those people were working on.
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