Now Jobs Cut! Huh!
$Apple(AAPL)$$Microsoft(MSFT)$$Vimeo Inc.(VMEO)$
First they said inflation and then recession and finally jobs cut. Crazy all this in 6 months after a splendid year of growth.
Both companies with fat reserves of money and young ones too opting for lay offs is sad thing. Can't have a better plan to deal these things?
If a company mints profits, credit goes to CEO.
If any economic head winds, the medicine is 'layoff', not fair right.
Companies should set reserve funds to 'maintain'employess on bench with bench payment, so thatwhen there turn arounds, they have these reservepools which can give the company early advantage to deliver.
Laying off is an age old practice, time for leadership to find innovative solutions.
Apple laying off is a shocker given their reserves of trillions of dollars.
God pardon the Apple. 😔
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