Comment on Amazon CEO Tells Workers: Return to Office or 'It’s Probably Not Going to Work Out for You'
Strangle@lemmy.world 1 year agoI’m not convinced the bottom dollar is as relevant as the stock price.
These companies make baffling dollar decisions, like having these trillion dollar campuses, that would make no sense at all to the bottom dollar.
It would seem wasteful. But for the stock? Well that seems like a different story. What does having trillions in real estate holdings under a company name do to the stock?
Num10ck@lemmy.world 1 year ago
well it helps the book value as an asset but it hurts the available cash and the liquidity of assets and the return on assets although the depreciation is a big write off. its not a great use for most companies to sit on brick and mortar that aren’t generating revenue. but whats the point of having a high floor corner office if nobody is around to pretend to care?