3 ms·
What’s really weird to me is they clearly wanted to convey to the Street that these layoffs were _not_ motivated by any of their financial results with the phra
by dcrazy 5mo ago
What’s really weird to me is they clearly wanted to convey to the Street that these layoffs were _not_ motivated by any of their financial results with the phrasing “fewer than 4,000”. But they conspicuously didn’t provide any other reason. No divisions closing down, no realignment of capital.
I wonder if someone in the C-suite simply decided that they had some rough percentage of underperformers on the payroll, but they can’t publicly call them performance based terminations without triggering a risk of lawsuits.
- deleted 5mo ago[deleted]