Twitter Plans Hundreds More Job Cuts as Soon as This Week

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by Analemma_ on Monday October 24, 2016 @09:43PM (#12784572)

I don't know that they're "liable" in the sense that people could win a shareholder suit- the bar for those is set pretty high and I doubt Twitter would qualify. My comment was more in response to the accusations that the market is somehow being "unfair" for "punishing" Twitter's lack of continued growth. They're only punishing Twitter for failing to meet the expectations Twitter itself set.

[ Parent | on HN ]

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by harryh on Monday October 24, 2016 @09:44PM (#12784585)

Even the word punishing is really too strong. The stock market isn't making a moral judgement. It's merely an estimate of the value of the company. As twitter's growth prospects decrease the value of the company goes down.

[ Parent | on HN ]

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by tossaway1 on Monday October 24, 2016 @09:49PM (#12784609)

That's what "punishing" means when people use it in the context of stock prices.

[ Parent | on HN ]

Re:Twitter Plans Hundreds More Job Cuts as Soon as This Week by harryh on Monday October 24, 2016 @09:50PM (#12784619)

Ya I know. I just don't like it because of the moral context that normally comes with that word. I hear you though.

[ Parent | on HN ]