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FirstCircle , 19 hours ago The redundancies follow declining revenues and shrinking profits. “Redundancies” is apparently now a noun that refers to employees being laid off. Intel announced it was eliminating 16,000 people – to curb capital expenses. Headcount is now a physical asset I guess. Corps must be taking depreciation expenses on employees now in addition to salary expenses. Ka-ching! After my first browse of the article I was wondering if it had been spewed out by some of the crappy AI that Cisco is so keen on.
The redundancies follow declining revenues and shrinking profits.
“Redundancies” is apparently now a noun that refers to employees being laid off.
Intel announced it was eliminating 16,000 people – to curb capital expenses.
Headcount is now a physical asset I guess. Corps must be taking depreciation expenses on employees now in addition to salary expenses. Ka-ching!
After my first browse of the article I was wondering if it had been spewed out by some of the crappy AI that Cisco is so keen on.