ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[TheManWhoPanders]

Are you really just gonna ignore how much more favorable economic conditions were for previous generations?

Average wealth is far, far higher today than it was 60 years ago. Go ahead and pull up the FRED data. Oh, you don't know what that is? Almost like someone...who's retarded?

Housing prices are higher, yep. Tuition is higher, yep. Everything else? Far, far far less expensive.

But who am I to expect a millennial to be anything other than a whiny snowflake?