Chris Remington@beehaw.orgM to Technology@beehaw.org · 9 days agoOracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/dayfinance.yahoo.comexternal-linkmessage-square32fedilinkarrow-up1280arrow-down11
arrow-up1279arrow-down1external-linkOracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/dayfinance.yahoo.comChris Remington@beehaw.orgM to Technology@beehaw.org · 9 days agomessage-square32fedilink
minus-squareslauraure@beehaw.orglinkfedilinkarrow-up15·edit-28 days agoWouldn’t/shouldn’t investors see huge layoffs like this as a sign that the company isn’t doing too hot? In a logical world the stock price should be plummeting right now… Oh they’re down 25 % so far this year, so maybe it is.
Wouldn’t/shouldn’t investors see huge layoffs like this as a sign that the company isn’t doing too hot? In a logical world the stock price should be plummeting right now… Oh they’re down 25 % so far this year, so maybe it is.