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by tr1ll10nb1ll 1508 days ago
More interested in how it works than what it does later with that mechanism.

Also, this is great but it'd be helpful to add "employees hired" (not necessarily by the same companies that are laying off) since March 2020 too to calculate the net impact instead of having a linear metric that just grows.

2 comments

Also because there's a meaningful difference between 100 net layoffs when it means "1 hired and 101 laid off" or "9900 hired and 10000 laid off."
Why does there have to be one or the other? There should be both the metrics.
That's what I'm saying. In the terminology of systems theory, the value of a stock over time tells you rather little about what's going on in the system compared to knowing both inflow and outflow.
True. There should be a simpler mechanism. In case of stocks, there exists the balance sheet but there should be something simpler yet more informative. For instance, the regular watchlist we have (on Yahoo Finance) with a couple more datapoints from the balance sheet.
Note that I used the word "stock" in its system-theoretic meaning, i.e. an accumulating quantity whose level depends on inflow and outflow. Not in the financial equity sense.
I see. I misunderstood.
I agree, but I feel like this tool is mainly geared towards companies looking to snatch up talent and not the curious majority