That article even says “ Wall Street, in keeping with its cheerful attitude about layoffs, […] investors bet that profit-sweetening job cuts, though perhaps not as dramatic as AT&T’s, would remain in vogue among large corporations.
Large layoffs have always been looked upon favorably by investors.
That article even says “ Wall Street, in keeping with its cheerful attitude about layoffs, […] investors bet that profit-sweetening job cuts, though perhaps not as dramatic as AT&T’s, would remain in vogue among large corporations.
Large layoffs have always been looked upon favorably by investors.