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by fullshark
920 days ago
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Perhaps it's a case of improved forecasting/data methods. Hasbro knows already this holiday season will be disastrous for them apparently, and previously companies that needed the holiday season to make their numbers had to wait until after it ended to really make decisions. |
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Some stats in an index goes down, companies forecast annual sales downfall, starts cutting workforce in every industry, consumption tanks, makes the sales downfall a reality.
Also, really ? Being laid of at Christmas time ?, to save a few bucks, its not like hasbro’s going bankrupt or anything.
Humans do trade to improve each other’s quality of life, and not do things just for profit. It’s a means to an end, not the end. Too many companies are making their eyes into excel sheets, and ending up causing the very downfall by preparing for the downfall that they “anticipate”.