Layoffs aren’t a good look for a lot of shareholders unless the org is bloated. There are a variety of metrics to compare companies against each other in terms of head count efficiency.
Company values are basically just a view of future revenues minus expenses plus/minus sentiment. If you lower the company expenses, all else being equal, the share price should go up. Those shares are worth more.
But it also might say we’re not growing as fast as we thought we would or our business is challenged in other ways which will negatively affect sentiment.
Shareholders don’t like layoffs. They would much prefer you a) hired the right people the first time, b) hired the right number of people, or failing that c) grew into the number of people that you hired.
No one loves a declining business, and many businesses doing layoffs are - either outright declining or declining growth.
Only sorta. I’m not sure how much they are right about the crookedness of the market - it’s just that retail investors are at a severe disadvantage to institutional ones.
What they did do was create a short squeeze for a bunch of folks (rightly) betting that GameStop is overvalued because it’s a shit company with no real path to an increasingly digital market.
I think thats a (shocker) overly simplistic approach to the dynamic. Layoffs are never a good look - and we’ve had an unprecedented boom time in tech for the last 20 years.
Companies were hiring just so competitors couldn’t. That doesn’t really happen anymore outside of AI.
We had what felt like make-work jobs, some nice guy or gal that no one wanted to fire who was “involved” but literally not responsible for anything.
Broad layoffs in the industry gave everyone cover to make unpopular decisions because everyone is doing it.
I don’t think - at least the ones I saw directly - it was the wrong choice.
I actually think we did a pretty good job - but our “layoff” was a mini one. Fractions of a percent. But of the people I knew, wasn’t worried about any of them. Felt bad for the people, they were all nice, but none of em were good at their jobs.
Quite a few sr directors and VPs were let go, or allowed to leave….
We didn’t then either. The real issue is scale. What worked when the entire population of the human race was 100,000 doesn’t work when it’s 8,500,000,000.
You’re right that there are no wilds no, no one is getting 40 acres and a mule, and you can just inhabit a new area.
But let’s not forget that a lot of the stake a claim and defend with lethal force was literally colonialism. So many of those wilds were owned by other people, but the stronger guy with the bigger rock can kill him, take his land, take his wife.
Honestly, it seems the same. If a bar doesn’t want Jews in it and the bartender asks everyone if they’re Jewish or a bouncer at the door feels like a distinction without a difference.
There’s no additional liberty, the people who own the bar set the rules.
Presumably even though there were no border controls, they would kill you if you returned.
Honestly, I’m not sure what the fixation with a guy in a booth is about. Whether you get denied entry and they throw you out, or if they exile or ostracize you, what’s the difference?
That feels like a distinction without a difference? The vast vast majority of physical land borders are effectively open everywhere worldwide still today.
The zone of control of a government just kicks you out if they don’t want you?
Anarchists are basically our version of libertarians. There’s no internal consistency and the vast majority of ideas or arguments don’t survive even a cursory examination.
It requires humans to behave in a fundamentally different manner than every bit of recorded human history has shown us. It’s a reality that doesn’t, and with all available evidence, can't exist.
Layoffs aren’t a good look for a lot of shareholders unless the org is bloated. There are a variety of metrics to compare companies against each other in terms of head count efficiency.
Company values are basically just a view of future revenues minus expenses plus/minus sentiment. If you lower the company expenses, all else being equal, the share price should go up. Those shares are worth more.
But it also might say we’re not growing as fast as we thought we would or our business is challenged in other ways which will negatively affect sentiment.
Shareholders don’t like layoffs. They would much prefer you a) hired the right people the first time, b) hired the right number of people, or failing that c) grew into the number of people that you hired.
No one loves a declining business, and many businesses doing layoffs are - either outright declining or declining growth.