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Notice how badly the share prices of most such tech firms have fallen in the past year. Investors, Wall Street, and Boards of Directors are for-sure putting loads of pressure on tech firm CEO's to Do Something to fight that trend. Slashing some of the (supposed) payroll bloat that was built up "back when the living was easy" is a great way for a CEO to look like he's Doing Something.

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This honestly seems like the more plausible explanation when a bunch of people laid off at Microsoft were working on highly profitable games.

Which game?

A bunch. 343 and Bethesda got hit particularly hard apparently.

was 343 considered that profitable? I always thought halo infinite was not panning out to be the live service they were shooting for, which to be fair, might be uncorrelated to how profitable they are.

Are we just looking at one year now? Shares of google have doubled in the past five years.

> Shares of google have doubled in the past five years

Doesn't matter. Investors care about the next quarter.

Short term possibly foolish investors are about the next quarter. Long term investors consider far more than just the next, easily manipulable quarter.

Which ones dominate the financial system?

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