ExtremeDullard@piefed.social to Fuck AI@lemmy.worldEnglish · 14 days agoLayoff announcements used to boost stock prices. Not anymore says Goldman Sachs | Fortunefortune.comexternal-linkmessage-square10linkfedilinkarrow-up1164arrow-down10file-text
arrow-up1164arrow-down1external-linkLayoff announcements used to boost stock prices. Not anymore says Goldman Sachs | Fortunefortune.comExtremeDullard@piefed.social to Fuck AI@lemmy.worldEnglish · 14 days agomessage-square10linkfedilinkfile-text
Analysts ran the numbers and found a surprising change in how investors are reacting to layoff announcements.
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up7·13 days agoSure, but the rule used to be layoffs = AI = stocks go up, in a sort of spiral. One link in the chain looks to be breaking.
minus-squarerafoix@lemmy.ziplinkfedilinkarrow-up10·13 days agoYeah, it’s being held up by constant cash infusions. They know that when the bubble pops the one with the most cash will win. The don’t care if it burns down 99% of the business as long as it’s the last one standing.
Sure, but the rule used to be layoffs = AI = stocks go up, in a sort of spiral.
One link in the chain looks to be breaking.
Yeah, it’s being held up by constant cash infusions. They know that when the bubble pops the one with the most cash will win. The don’t care if it burns down 99% of the business as long as it’s the last one standing.