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What benefit would it truly provide? Companies would simply say they need to cut costs to maximize shareholder value, which is no different than what happened h
by abi 5mo ago
What benefit would it truly provide? Companies would simply say they need to cut costs to maximize shareholder value, which is no different than what happened here.
- keiferski 5mo agoWell, generally speaking I think it’s a better world if corporations are forced to not lie to people. Presumably investors and those shorting the company would benefit from more accurate information about a company. So the market as a whole would be healthier and less prone to inflationary claims. I also don’t think that excuse would really hold up under scrutiny: “we fired 14% of our workforce to maximize shareholder value” isn’t exactly a straightforward answer. Right now the answer seems to be latching onto whatever’s trendy and blaming the layoffs on that. If there is an expectation that reasons will be investigated, then I think you’d just get more accurate information in the market, tldr.
- anthonypasq 5mo agothe company is hemorrhaging money, and consistently missing earnings. idk what else you need to know brother
- deleted 5mo ago[deleted]