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And don't forget that Meta just did a massive stock buyback, so this isn't just about investors out there in the world, this is about Meta itself. I've started

And don't forget that Meta just did a massive stock buyback, so this isn't just about investors out there in the world, this is about Meta itself. I've started to pay a bit more attention and noticed that there do seem to be a fair number of major investors buying up more shares of a down company before layoffs are announced. I like to imagine that what we're seeing is a healthy correction and move towards more profitable, sanely run companies. But I can never recall a time in recent years where Wall Street acted in a way I would call "refreshingly sane".

vasco 4y ago
There's no health anything. Interest rates go up, some of this money goes out of the stock market and into other things. When they come back down, the companies will operate in the same way again. Everyone is just responding to financial incentives, nobody is trying to run anything in a "healthy" way, as if there was a margin which the universe defined as healthy. They know this and could've underhired as this was always a possibility but the game rewards having the pedal to the metal when it's going up, and that's what they will do next time again.
foobarian 4y ago
> I've started to pay a bit more attention and noticed that there do seem to be a fair number of major investors buying up more shares of a down company before layoffs are announced. One other thing I feel I noticed (it's probably not the case but it's one of those things you are just paranoid about) is the stock price peaking around RSU award time. At least they now tend to happen quarterly instead of yearly.