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You might think that in a sane world, cutting staff to pay for rapidly-depreciating, rapidly-commodifying hardware would be an investor-legible signal that something had gone horribly amiss at the top, but that signal is only meaningful if what these companies make actually mattered to its investors. What really matters is "The Market" as a performative exercise for major shareholders, not a signal someone is making useful goods or services anyone wants. That idea is just a polite fiction now.