Post by
stocktalk on Aug 11, 2023 9:42am
6.000 Layoff
Feeling sorry empathy for the layoff staff but a 61% drop in net income is a red flag.
Comment by
AvInvestor on Aug 11, 2023 3:12pm
Why? Most industries are cutting employees and costs across the board. Reducing payroll costs is very positive. Revenues were up, ncome wa dwon due to capex spending.