• scoutfdt@lemmy.dbzer0.com
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    4 days ago

    What is this magical place where saying you do layoffs lowers the stock price. I’d like to go there.

    • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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      4 days ago

      The real world apparently. But if your company is far enough in la-la land and the disconnect between profit and reality is big enough, weird things happen.

      If a big part of the market is floating in la-la land then that’s a good impression of Wile E. Coyote before he looks down.