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HashiCorp is a public company and their quarterly report yesterday was a major disappointment to investors. Layoffs are a signal to the stock market that manag
by pavlov 3y ago
HashiCorp is a public company and their quarterly report yesterday was a major disappointment to investors.
Layoffs are a signal to the stock market that management is taking the problems seriously and cleaning house.
Look at Meta’s stock price. It crashed in 2022 right up to the first layoffs in November. That’s when Zuckerberg declared efficiency is a primary concern. The stock has nearly tripled from November.
- barbariangrunge 3y agoI mean, passing around leeches and bleeding everybody, while performing occult rituals would also be a sign they’re taking the problems seriously. That is separate entirely from whether it’s irrational self sabotage or not
- 411111111111111 3y agoFunny you'd make that example, as that'd make pavlovs point even stronger imo. Hashicorp is a publicly traded company, so their decisions need to primarily please their shareholders. You’d be well served to do exactly as suggested if you’re currently a healthcare provider in an occultist village. You’d be gambling with your life otherwise.
- nkjnlknlk 3y agoPerception is all that matters in a lot of these cases.
- mereum 3y agoSpot on. Layoffs barely save a dime in software behemoth like Google. Barring few startups that overhired in pandemic, it all boils down to this management tokenism.