Submitted by itsonlyeva t3_10lh5m5 in technology
Famous-Ebb5617 t1_j5zv8j3 wrote
Reply to comment by Sushrit_Lawliet in IBM Cuts 3,900 Jobs In Latest Tech Layoffs by itsonlyeva
But you should think about that for a moment. Why would this appease shareholders? Do you think they just get off on companies firing people? Or do you think maybe it has to do with a cost/benefit analysis? Microsoft didn't destroy their VR/AR team for fun, they did it because financially it wasn't paying off. Same for Amazon's Alexa/Devices division. 'Appeasing shareholders' is another way of saying downsizing areas with low ROI, which is exactly what a healthy business should be doing.
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