WSJ: Dash's slicing budgets by $2.5 billion, layoffs inbound
Loads of digital ink’s been spilled over Dash’s monetary woes of late, and sadly this is some extra. The Wall Road Journal‘s reporting that the Now Community is prepping to chop some $2.5 billion in prices that may “inevitably end in job reductions.” Nevertheless, Reuters says that its a bit early to start out speaking numbers relating to the latter bit. The corporate’s additionally stopped outdoors hiring and apparently any cash spent has to undergo the service’s finance division for approval from right here on out. Perhaps do not anticipate to see extra $1 iPhones or free DirecTV service anytime quickly, then.
SOURCE: The Wall Road Journal
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