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by coffeefirst 101 days ago
Some of this smells purely nihilistic. The market rewarded layoffs with higher stock prices, incentivizing more layoffs.
2 comments

It sure didn't reward Atlassian. If anything it accelerated the long, downward slide.
Atlassian hasn't made money in 10 years. Of course they can't ride on the latest stock slop meme, that company is such an unmitigated disaster it beats even their terrible software. And now they keep spamming me with that Rovo garbage, god I hope they go down among all of this.
I dont think zuck cares especially much about the stock price. He's certainly not beholden to any shareholders. He's doing this because he genuinely thinks it will help the company to trim the fat.