5 ms·

The usual suspect: it's publicly traded.

• spacemadness 3y ago
  Where all investors demand free money from the Fed and a vastly underpaid and overworked workforce.
  • meepmorp 3y ago
    In this case they're on the Warsaw stock exchange, so I'm not sure how much the Fed turning off the cash hose enters into things.
  • gruez 3y ago
    Public companies don't get "free money from the Fed" in any meaningful sense. The closest thing that has any bearing in reality is that money printing makes interest rates lower, which means they can borrow more with the same amount of money and raise money from investors easier.
• gruez 3y ago
  Happens all the time in non-publicly traded companies as well, eg. https://en.wikipedia.org/wiki/Telltale_Games https://en.wikipedia.org/wiki/Telltale_Games >[...] but the rate of production created a "crunch time" culture behind the scenes, leaving poor company morale [...] >Internal restructuring led to a layoff of 25% of the company's staff in November 2017 [...] >In the midst of releasing The Walking Dead: The Final Season, the company was forced to initiate a "majority studio closure" after their last investor had pulled out of funding. Telltale announced on September 21, 2018, that it had let go of all but 25 of its staff as part of this closure [...]