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Re:TikTok-owner ByteDance planning to layoff thousands in co... by woobar on Thursday February 23, 2023 @05:42PM (#34917746)
Prints money means profits.

Alphabets revenue in 2022 was $280B, with ~$60B profits.

ByteDance info is harder to find, but in 2021 it was ~$60B revenue, with $7B loss. [1]

https://musically.com/2022/10/07/bytedance-2021-financials/

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