15 May 2023 link news seattle

💸 Buybacks Continue to Take Big Bites Out of Seattle’s Economy — The Stranger

A company, when confident about its future, will reward shareholders with its free cash. But what do we see actually taking place? Layoffs and buybacks going hand in hand. This happened with Boeing during the previous decade. This is now happening not only with Amazon but also our region’s other corporate behemoth, Microsoft.


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