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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "China’s Economy Falters, Tech Giants Lay Off Massively; Internet Sector’s Decline Seems Unstoppable" video.
What a disaster. All these big tech companies have killed small businesses and related jobs. And, now they are firing their own people. Quick glance: NTES has 15B in cash on the balance sheet and generates 3-4B in free cash flow a year. And, this is the difference between small businesses and publicly traded companies. Small businesses will run less efficiently and carry more jobs. These big companies will slice jobs all the time.
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