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Layoffs are not seen as mismanaging your workforce by investors. They're generally seen as a gamble that didn't pay off. Especially with tech companies, taking
by HDThoreaun 3y ago
Layoffs are not seen as mismanaging your workforce by investors. They're generally seen as a gamble that didn't pay off. Especially with tech companies, taking gambles is a good thing, investors want to see that management is taking risks.
- deleted 3y ago[deleted]
- sam0x17 3y agoThough sometimes the gamble _is_ the layoff (see Twitter atm)
- 6D794163636F756 3y agoTwitter's layoffs are because Elon Musk has no idea how to manage a company, not because of actual business or market pressures
- sam0x17 3y agoRight. He's gambling
- passing_by_and 3y agoIn what reality do you live in? He is the most successful and transformative figure of his generation.
- coffeefirst 3y agoYes, but I am not obliged to entertain this fantasy.
- twelve40 3y agoholding up people's wages to get the company through a bump or two would be another bold gamble and a savvy business move until it was made illegal (luckily for all of us non-sociopaths)
- np- 3y agoA gamble? But who’s paying off the “gambling loss” during a layoff? Because it’s certainly not the person making the bet.