News for hackers. Stuff that matters.

A comment on Bird lays off hundreds via Zoom call. Parent comment

Re:Bird lays off hundreds via Zoom call by adrr on Friday March 27, 2020 @10:34PM (#22708709)
Apple and google have large cash reserves. They also could have paid off all their debt with the profits.
[ Parent | on HN ]
Re:Bird lays off hundreds via Zoom call by lotsofpulp on Saturday March 28, 2020 @04:49AM (#22709995)
Apple and google are uniquely extremely high margin businesses, and even they would be shaken after a few months of no income.
[ Parent | on HN ]
Re:Bird lays off hundreds via Zoom call by saagarjha on Saturday March 28, 2020 @02:52AM (#22709676)
I thought that for them it was just better to keep borrowing than to move around their money?
[ Parent | on HN ]