The layoffs and dividend are related -- the company's death rattle has been shaking a while now. Management is desperate to retain the confidence of the investor class.
$320B annual revenue, 15% growth, $0.20 per share dividend and $70B share buyback.
Enough said.
Massive YoY growth
Massive cash horde, buybacks, dividends
Target of endless legal actions due to market dominance
"death rattle"
Stock up 16% after hours.