CEO pay set a record in the same stretch that more than a hundred thousand workers got cut and a single sector swallowed half of all the venture money in the country. The money didn't evaporate.
I honestly wonder how long they can keep doing this before their scheme turns on itself? It seems that inflating stock values by ginning up investors with these sort of trendy layoff announcements can only work so many times... I can't see it working forever, or am I being naive?
I honestly wonder how long they can keep doing this before their scheme turns on itself? It seems that inflating stock values by ginning up investors with these sort of trendy layoff announcements can only work so many times... I can't see it working forever, or am I being naive?
It’s been working for them for 30 years according to data.