Is that finger painting or a nose bleed?

Depends a lot how much of amortization and appreciation is based on reality and how much of it based on GAAP. Some things depreciate to basically worthless in two years according to GAAP but often still sell for half their value later. So it’s quite possible some of these losses are paper losses rather than actual losses.

Amazon has stack ranking which requires managers to fire a certain percentage of their team each year (often 10%). Because of this if you are happy with your current team you hire people in order to fire them.