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Earnings only happen quarterly. There's lots of events that need to be communicated more urgently than that. And there's no way you could keep a lid on somethin
by CydeWeys 4y ago
Earnings only happen quarterly. There's lots of events that need to be communicated more urgently than that. And there's no way you could keep a lid on something like this for up to potentially 90 days. People (internally and externally) are going to notice that no one is being hired there anymore.
- CydeWeys 4y agoAnd it's worth pointing out that large companies are constantly posting disclosures, sometimes as frequently as daily. Here's one example (Google): https://sec.report/Ticker/GOOG https://sec.report/Ticker/GOOG The bar for disclosure is quite low, and is not dependent on quarterly cycles.