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A big portion of EA's cash flow will go toward servicing the $20B debt from the $55B sale, which even the most bullish analysts expect will lead to big layoffs (Jason Schreier/Bloomberg) from Techmeme RSS feed.
A big portion of EA's cash flow will go toward servicing the $20B debt from the $55B sale, which even the most bullish analysts expect will lead to big layoffs (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg:
A big portion of EA's cash flow will go toward servicing the $20B debt from the $55B sale, which even the most bullish analysts expect will lead to big layoffs — Leveraged buyouts almost always lead to cost-cutting in the form of big layoffs — Hi everyone.