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With the number of companies that do this, I wonder if there’s some financial/legal advantage to announcing layoffs before the end of the calendar year?
by mwint 4y ago
With the number of companies that do this, I wonder if there’s some financial/legal advantage to announcing layoffs before the end of the calendar year?
- anon223345 4y agoI think it depends on how they do their fiscal quarters TSLA earnings call is Jan 20 I think TSLA specifically is probably announcing now, so the announcement can be added to their k-filing (report to investors that’s kind of also a legal thing in regard to announcements) Basically, this news tells me their earnings call in January is going to be bad, and having a layoff in the series k may mitigate a bloodbath