4 ms·
I can think of two reasons. The company is approaching negative cashflow and needs cuts to remain solvent, or reportable results are tracking below market expec
by antihipocrat 3y ago
I can think of two reasons.
The company is approaching negative cashflow and needs cuts to remain solvent, or reportable results are tracking below market expectations and announcing cuts will appease shareholder concerns.
- epolanski 3y agoBut most of the companies we discuss here are nowhere near having bad finances.
- treis 3y agoOnly when measured by the bizzaro world of tech valuation. They've never made money and if you took their current revenue and converted it 100% to profit they'd still not quite justify their market cap.