Viewing a single comment thread. View all comments

Jorycle t1_j64x7a9 wrote

I feel like I always have to remind about the context of what capitalism considers a "loss":

>While the company remained profitable in 2022

That is, the company didn't have a loss (other than maybe on the shortest scale), they simply didn't make as much money as they wanted or have made previously. They still made more money than they spent.

It's kind of frustrating when companies then start cutting costs and firing employees, too - not because they're at risk of becoming unprofitable, but because they simply want to make more enormous profits.

4