8 Feb 2023 12:30 pm
apples and oranges... ha..Xavier_Onassis » 08 Feb 2023, 1:18 pm » wrote: ↑ When a company decides to HIRE people,it does so quietly, because more employees means a bigger payroll and the shareholders and their automated trading machines will sell. Bad for the execs that own shares.
When a company lays off people, the reverse happens. So they announce it loudly.They have no legal obligation to lay off as many as they announced if it turns out that they cannot get the work done with so few workers.They can always rehire.When large layoffs are announced,there will be employees that will quit and seek more stable jobs elsewhere.
I seen these ceos.. Purposely destroy companies. Get a severance- move on to the next similiar company.. Do it again. i have no sympathy for them.. the ol pump and dump scheme.
One time a dude that was an insider trader gave me a site.. i watched it go down. LOL
