Stock price dropping rapidly,, how will this affect earnings and layoffs?
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11/2026 LR is confirmed. Not sure how many will be impacted/announced.
@qj True, typo on my part. It seems like last year, I suppose.
I wonder if Cisco will do the same.
https://finance.yahoo.com/markets/stocks/articles/microsoft-offers-voluntary-exit-packages-164136211.html
The board is already hot and ho--y for more layoffs. Chuck is already working on his crocodile tears, it gets harder every time you see, as it ensures he will keep getting that steady paycheck.
@nx that was may of this year
@j0 They dropped about 4000, actually. I know because I was one of them.
@f2 nothing happened may of last year
I suspect another announcement to goose the stock. It’s been a little while since May of last year, so the timing is about right too.
@e9 If that was true, much of the CSS organization would be gone by now.
By mid 2027 almost all Graeber jobs. It's every company and accelerating very fast. WEF warned about this. If you fall into a Graeber category, you are on 100% that list.
15000!!!!
@bp ME PLEASE!!!
@bp any date and how big a cut?
Rumors are going around of November LayOffs
They laid off thousands after a record quarter. What makes you think that the stock price dropping is the only trigger for layoffs?