this post was submitted on 25 Sep 2023
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[–] [email protected] 3 points 1 year ago (1 children)

Announcing layoffs usually improves stock price 🤣

[–] [email protected] 1 points 1 year ago

I have to be honest: I don’t know if you’re right.

What I know (or at least, think I know), is that layoffs indicate poor company performance and that tanks stock prices.
But the reality is that the world has moved into an openly greedy phase of business. It’s totally plausible that companies and investors don’t bother with the charade and know that layoffs are often just money grabs. I don’t have time right now to actually look it up, but what you said is totally believable, and probably accurate.

Ugh. Can we replace business classes with empathy classes?