FirmDistribution@lemmy.world to Technology@lemmy.worldEnglish · 1 month agoCisco announces record revenue and 4,000 layoffs in the same dayarstechnica.comexternal-linkmessage-square130linkfedilinkarrow-up1850
arrow-up1850external-linkCisco announces record revenue and 4,000 layoffs in the same dayarstechnica.comFirmDistribution@lemmy.world to Technology@lemmy.worldEnglish · 1 month agomessage-square130linkfedilink
minus-squareTriumph@fedia.iolinkfedilinkarrow-up12·1 month agoRevenue is income before expenses. Profit is what’s left over after expenses. Revenue can increase, but if expenses increase even more, profit declines. That’s why relating revenue to layoffs is apples and oranges.
Revenue is income before expenses. Profit is what’s left over after expenses. Revenue can increase, but if expenses increase even more, profit declines.
That’s why relating revenue to layoffs is apples and oranges.