2 ms·
> "these tech companies are almost being rewarded by Wall Street for their cost discipline" > "stock investors are appreciating it" > "All of the major tech c
by 5350-uiop-1130 3y ago
> "these tech companies are almost being rewarded by Wall Street for their cost discipline"
> "stock investors are appreciating it"
> "All of the major tech companies conducting another wave of layoffs this year are sitting atop mountains of cash and are wildly profitable"
stock goes up. shareholders happy. execs get fat bonuses.
not because of interest rates, loans or over-hiring.