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by benj111 1242 days ago
But the b2b sourdough app is a potential driver of future growth. Yes it may help the bottom line today, but getting rid of employees today lowers future growth potential.

Investors know this. Investors would also question why there are layoffs in an apparently healthy company. All this means that CEOs don't want to do mass layoffs which even more strongly raises the question of why they did it to start with.

2 comments

When the executives start co-opting the language of hedge fund managers while refusing to answer whether the open letters from hedge fund managers prompted the layoffs, the answer is pretty clear.

Who else uses the term "right-sizing" and considers how being laid off "provides an opportunity to build resilience"?

Tech investors already think that these companies over hire and the current environment is pumping up that sentiment