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> 2550 jobs lost in 2024. And 30% stock increase in last 12 months. Isn't layoff positive for the company if it is not hurting stock.
by YetAnotherNick 2y ago
> 2550 jobs lost in 2024.
And 30% stock increase in last 12 months. Isn't layoff positive for the company if it is not hurting stock.
- paulryanrogers 2y agoJack Welch it all the way to the bank! Someone else will deal with rehiring if they cut too deep. And don't look behind the curtain at the over hiring that preceded these layoffs.
- YetAnotherNick 2y agoDoing a job in any company is literally a transactional deal. Employee shouldn't work if not paid, employer shouldn't work with them if they are not increasing value. Assuming as long as there is decent severance.
- paulryanrogers 2y agoOK ... And society shouldn't allow such massive pay offs to incompetent executives who get celebrated for buying the competition, cooking the books, and lining their pockets and those of their friends.
- TrackerFF 2y ago25.68% if we're going to be precise about it. Compared to S&P500 38.78% in the very same period.