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Firing people actually helps raising a stock price [0]. 0 - https://money.com/tech-layoffs-affect-stock-prices/ https://money.com/tech-layoffs-affect-stock-pri
by zx8080 3y ago
Firing people actually helps raising a stock price [0].
0 - https://money.com/tech-layoffs-affect-stock-prices/ https://money.com/tech-layoffs-affect-stock-prices/
- zx8080 3y agoRaising stock price makes so many people happy than firing a few wealthy individuals does some small harm for the greater good of many. /s
- zx8080 3y ago> so many people Meaning shares holders, of course.
- not2b 3y agoImproving operating margin helps raise the stock price: the company then can at least temporarily produce the same revenue for lower cost. But firing employees is only one way to do it. Executive compensation is now so bloated that reducing it might produce the same gain as from firing hundreds of employees, with less impact to future growth (talent is retained).