We'll know in a couple of days how bad the layoffs will be. EPS is flat compared to last year ($1.72) which is not a good thing but there seems to be consensus about revenue growth year over year so who knows. In any case, we know they'll find a reason for further cuts in the numbers, it's just a question of how bad it'll get.
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so many rumors about lay off but no one seems to know which department and when