[hising]

Whats up with the 6 percent layoffs on multiple companies? Did they all read the same memo?

[notimetorelax]

I wonder too, it does seem close to the change in the fed rate that increases cost of capital requiring companies the be as much more efficient to keep their market cap.

[hoffs]

Market dictates that you have to layoff

[gantron]

Does it dictate that you have to or that there’s an opportunity to do so without standing out?

[Jensson]

It means that a layoff will make their stock go up. Normally a layoff makes your stock go down so then companies avoids them. But currently stocks go up after layoffs, so companies rush to do them.

[xmcqdpt2]

They all have the same shareholders (pension funds, index funds, etc.)

[Grum9]

When in Rome......