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Nokia to cut as many as 14,000 jobs as profit drops by 69%
(www.marketwatch.com)
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this post was submitted on 19 Oct 2023
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Only 31% profit instead of 100%? Outrageous!
That's not how it works
Lol yeah. 100% profit would mean literally no operating expenses.
^Most ^economically ^literate ^Lemmy ^user.
I think he compared two years. You know…like the headline does.