Most employees will be left holding their worthless Equity bonuses for next 2 to 3 years which is one way for sc--wing them up.
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For people who are wondering the source needbto understand the operating model of Carl Icahn, who was called the Corporate Raider. Jana partners are doing the same, forcing the company to put up all assets for sale, dismantle the business and sell pieces , cut costs heavily, etc..their goal is short term stock holder profit. In long term the C level and Jana partners make money but a lot of employees lose jobs, more jobs in offshore etc. But for now stock may keep rising after every round of layoff
@ax Its called the Bisignano trade
they are going to find the lost opportunity.
In markets momentum is everything. I wont be surprised it to climb to 100+ by JAN 2027.
that would not surprise me at all
So wait management is secretly preparing to dismantle the entire company for personal compensation?
Source?
C-Suite was offered a delayed stock multiplier bonus (think pre-Frank exit level) to get the company ready to sell for parts. Michael Burry is on to "something'.