this post was submitted on 16 May 2026
796 points (99.5% liked)
Technology
84733 readers
3954 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Are people backwards here or something? You're explicitly stating that you're not defending them, and you're completely right in what you're saying. A company can have record revenues and record losses (negative profit) in the same period. That doesn't mean meta and zucky are anything short of horrible, it means the headline is crap. An informative headline would be " reports profits and announces layoffs". Saying they have record revenues tells us exactly nothing about whether layoffs are justified or not.
Case in point: My buddy's startup had record revenues this year, more than doubled since last year, if they keep going at this pace they'll be bankrupt by this time next year, since their income is smaller than their wage expenses.
Thank you.