• MysticKetchup@lemmy.world
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    10 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
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      10 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