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It's really revolting, but these days, Wall Street will buy stocks that are announcing layoffs. "Better margins!!!" is all Wall Street hears from layoffs now, n
by anoncoward111 8y ago
It's really revolting, but these days, Wall Street will buy stocks that are announcing layoffs. "Better margins!!!" is all Wall Street hears from layoffs now, not "market headwinds".
And of course the human aspect of losing a job is completely immaterial to the Wall Street trader's mind.
EDIT: A downvote without a rebuttal enriches none of our minds.
- madeofpalk 8y agoThey're investors. What else are they supposed to do?
- anoncoward111 8y agoThey should consider that the best companies with the best profits also made costly investments into quality employees that later paid off down the road after initial unprofitability i think
- deleted 8y ago[deleted]