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To be fair, stock prices typically go up after layoffs are announced. So it’s not like he is losing money.
by SamuelAdams 4y ago
To be fair, stock prices typically go up after layoffs are announced. So it’s not like he is losing money.
- s1artibartfast 4y agostock proce isnt revenue growth. IF comp is tied to revenue, it doesn't matter if the stock goes to the moon. The stock goes up because investors think that revenue will go up if they pay fewer salaries.
- zdbrandon 4y agoProfits, not revenue. But the point remains.
- deleted 4y ago[deleted]
- s1artibartfast 4y agoFairPoint, the article said Revenue so even layoffs won't help unless they shift there expenses from Devs to marketing or something like that
- roflyear 4y agoHigher stock value helps companies achieve things. See GME
- s1artibartfast 4y agoFor most companies stock value is meaningless in terms of achieving things. It doesn't put more money in their pocket to pursue development unless they do additional stock offering, which is very unusual for a mature company.
- roflyear 4y agoThat's not true: from my understanding equity compensation plans fit in here, and that's the vast majority of companies (or really nearly all of them, at least for executive staff).