Comment on Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

slauraure@beehaw.org ⁨1⁩ ⁨day⁩ ago

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% this year, so maybe it is.

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