Nah, maybe in terms of stock price temporarily. But these layoffs are all anti value by destroying institutional knowledge, employee loyalty, etc. C suite fucks don’t know anything about their businesses and these sorts of moves always fuck owners in the end. Look at boing, GE, etc. When these Jack Welch types get into management they always fuck over the long term owners and get very rich doing it.

Then again, Im a weirdo that believes in equities having long term intrinsic value so don’t listen to me.