Companies being willing to throw their employees into meat grinders has generally been rewarded by the market (which also tends towards the irrational).
This is absolutely true, and normally those companies will receive reduced profit/revenue if the move is truly detrimental, and the company will slowly die and accumulate debt and drop in share price.
Unless of course the Federal Reserve continues to pull a BOJ and prop up zombie firms with free money, thus completely destroying the "disruption" of an otherwise bad company's business model.
Unless of course the Federal Reserve continues to pull a BOJ and prop up zombie firms with free money, thus completely destroying the "disruption" of an otherwise bad company's business model.