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How exactly is their stock price not reflecting this at all? Is the market really that irrational right now?

• wholien 6y ago
  My understanding is: they announced they would do layoffs 1-2 weeks ago, so it's priced in. And usually your stock goes up when you announce and do layoffs because your costs are lower
• chid 6y ago
  I think lately we've seen stock prices increase after layoffs. Not saying they're causal
• tanilama 6y ago
  Layoff == less spend Their stock price will go up.
  • IgorPartola 6y ago
    By that logic why do companies even bother to have employees or contractors? No payroll == more money?
    • anticensor 6y ago
      Worker rights. Employees mean more bonding, less freedom of movement.