• MysticKetchup@lemmy.world
    cake
    link
    fedilink
    arrow-up
    15
    arrow-down
    4
    ·
    6 months ago

    Data is surprisingly cheap. It’s more than likely just reinvesting any profits into growth to boost stock price/investment. A lot of companies are hitting the point where growth is leveling off, so they’ve switched to cutting costs

    • ZOSTED@sh.itjust.works
      link
      fedilink
      arrow-up
      5
      ·
      edit-2
      6 months ago

      They thought the party was going to last forever, so they ordered a bunch of jumbo pizzas and kegs

      I mean it’s more like they paid themselves a bunch of bonuses and hired super duper growth hacking experts or whatever, and now they can’t pay for them, so god forbid they cut from the top