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[-] bearboiblake@pawb.social 40 points 9 hours ago* (last edited 8 hours ago)

AAA profits are higher than ever. Layoffs are tremendously inefficient. They do nothing to reduce costs long term, and can actually lead to increased costs. There is a good amount of economic research which demonstrates that.

Layoffs are corporatist virtue signalling.

[-] rafoix@lemmy.zip 23 points 9 hours ago

Shareholders only want short term gains so they could sell their shares and win big.

Long term goals are for the suckers that bought the artificially inflated stocks.

[-] bearboiblake@pawb.social 5 points 8 hours ago* (last edited 8 hours ago)

Layoffs actually tend to artificially deflate stock prices as it's seen as a signal of a company in financial distress - this is actually one of the reasons why industries tend to do layoffs simultaneously across multiple corporations. Of course this can be used to turn a profit through short selling but you'd need to have some sort of prior knowledge to set up the short positions prior to the layoffs being announced.

[-] Davel23@fedia.io 13 points 9 hours ago

Just FYI, "dearth" means a scarcity or very little of something.

[-] bearboiblake@pawb.social 11 points 8 hours ago

Oh wow, you're right, why the heck did I think it was the opposite? I've been misusing that word for years. Thanks for letting me know!

[-] atomicorange@lemmy.world 2 points 58 minutes ago

The opposite would be a “plethora”

this post was submitted on 08 Apr 2026
202 points (100.0% liked)

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