AAA profits are higher than ever. Layoffs are tremendously inefficient. They do nothing to reduce costs long term, and can actually lead to increased costs. There is a good amount of economic research which demonstrates that.
Layoffs actually tend to artificially deflate stock prices as it’s seen as a signal of a company in financial distress - this is actually one of the reasons why industries tend to do layoffs simultaneously across multiple corporations. Of course this can be used to turn a profit through short selling but you’d need to have some sort of prior knowledge to set up the short positions prior to the layoffs being announced.
They’re a temporary bump in the metrics which are measured by shareholders. They’ve also become short sighted morons who only care quarter to quarter and not long term sustainability. Why? Because the average age of most of the larger ones are other companies ran by people well over 60 who will die before it happens.
AAA profits are higher than ever. Layoffs are tremendously inefficient. They do nothing to reduce costs long term, and can actually lead to increased costs. There is a good amount of economic research which demonstrates that.
Layoffs are corporatist virtue signalling.
Shareholders only want short term gains so they could sell their shares and win big.
Long term goals are for the suckers that bought the artificially inflated stocks.
Layoffs actually tend to artificially deflate stock prices as it’s seen as a signal of a company in financial distress - this is actually one of the reasons why industries tend to do layoffs simultaneously across multiple corporations. Of course this can be used to turn a profit through short selling but you’d need to have some sort of prior knowledge to set up the short positions prior to the layoffs being announced.
Just FYI, “dearth” means a scarcity or very little of something.
Oh wow, you’re right, why the heck did I think it was the opposite? I’ve been misusing that word for years. Thanks for letting me know!
The opposite would be a “plethora”
Would you say I have a plethora of piñatas?
thanks for letting me know, that means a lot.
It means a lot to me too.
They’re a temporary bump in the metrics which are measured by shareholders. They’ve also become short sighted morons who only care quarter to quarter and not long term sustainability. Why? Because the average age of most of the larger ones are other companies ran by people well over 60 who will die before it happens.