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Presumably, the tech workers at NYT have a better idea of if striking is a good idea, as they’re employed there and have better visibility into motives and marg
by dymk 2y ago
Presumably, the tech workers at NYT have a better idea of if striking is a good idea, as they’re employed there and have better visibility into motives and margins
- quickthrowman 2y ago[flagged]
- dymk 2y agoThat’s not anything like working there
- maximinus_thrax 2y agoIn that case, why is there such a thing as insider trading?
- paperplatter 2y agoI doubt the SWEs have useful insider info at a company of this size.
- novayumatango 2y agoAnd even if they did, there are trading blackout periods to prevent this (like other companies of similar size)
- maximinus_thrax 2y agoIt seems that subtlety doesn't cut through the 'akshually' layer. The point I was trying to make is that regardless of what the company files publicly, employees will have more relevant information than an external observer such as us. There may be internal memos announcing upcoming changes in working conditions or benefits, chatter about SLT, chatter about acquisitions, layoffs, etc... So, the argument that we can better figure out if the strike is worth it or not is bullshit.
- paperplatter 2y agoOk, I still doubt they have a better idea about that. Plenty of outsiders know more about my workplace than I do simply because they bothered researching, and the internal comms are more a distraction than actually juicy.
- deleted 2y ago[deleted]
- dehrmann 2y agoLong-term traffic graphs can serve as good proxies for metrics investors care about.
- novayumatango 2y agoLong-term metrics investors care about (revenue) are publicly shared with investors https://nytco-assets.nytimes.com/2024/08/Q224-Earnings-Release-Final-For-Distribution-rEk0tfV0.pdf https://nytco-assets.nytimes.com/2024/08/Q224-Earnings-Relea...
- loa_in_ 2y agoInsider trading would be trading knowing exactly where the company is headed, their decision making process not where the company has been.
- novayumatango 2y agoThat's nowhere near to the level of detail you'd get by attending management bargaining sessions as a union member, knowing union proposals and counter-proposals by mgmt, etc.
- whimsicalism 2y ago10% margins