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On the contrary, I feel the opposite. Layoffs are a cheap way to goose your stock price, not much unlike buybacks. I exit positions in companies in either cas
by silisili 1y ago
On the contrary, I feel the opposite. Layoffs are a cheap way to goose your stock price, not much unlike buybacks. I exit positions in companies in either case, as it shows they have no immediate plans for growth.
I don't disagree with the rest. But you can effect a lot of change without mass layoffs...
- jnaina 1y agoIf Andy Jassy is also part of the 30K to be let go, AMZN will be up 50 points in no time
- rsanek 1y agoyou must have a pretty short list of companies you can continue to hold. something like 90% of S&P500 does stock buybacks. if you also include layoffs that's going to reach close to every single company.
- silisili 1y agoNo, as it's not permanent. Going from no buybacks to buybacks for example can be a bad sign to me. Companies who have been doing them for years perhaps less so. Same with layoffs. It's not like a boycott list, it's more of a near term indicator for me.