this post was submitted on 08 May 2023
-2 points (33.3% liked)

Economics

1694 readers
70 users here now

founded 5 years ago
MODERATORS
[email protected]
-2
Intel Announces Layoffs After Paying $1.5 Billion In Q1 Dividends (wccftech.com)
submitted 1 year ago by [email protected] to c/[email protected]
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[โ€“] [email protected] 0 points 1 year ago

Innovations of capitalism.

[โ€“] [email protected] 0 points 1 year ago

Is the implication here that folks would prefer for Intel to keep employees on the payroll for a loss, and make up for that loss by slashing dividends?

I think that would be criminally poor management of a company.

Maybe some econ gurus can school me.