Comment by berz01

Spreadsheet warrior kinda shit. CFO needed 500M for a stock-buyback. CFO wrote down some napkin math, let go 1/5 of the team. Murdered all innovation into the ground. Wallstreet loved it. Snapchat is a cashcow on a spreadsheet. CFO knows he needs another 20% layoff in Q1 of 2023 to drive his cost of capital down further. Expect more pain from the suits.