This company does ~2.2 Billion USD in revenue and Gross Profit of ~1.8 Billion USD on that. Mouth watering margins. A thing of beauty. Opex is high, but its mostly $1B on sales and marketing.
The play is probably going to be cut that marketing budget drasticly and piggy back on AdSense client base for growth. So job cuts would be forthcoming.
carlsborg|1 year ago
The play is probably going to be cut that marketing budget drasticly and piggy back on AdSense client base for growth. So job cuts would be forthcoming.