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A comment on Coinbase stock lost over 75% value. Parent comment

Re:Coinbase stock lost over 75% value by pm90 on Monday May 09, 2022 @10:50PM (#31322871)
Stock doing poorly -> public company CEOs want to please wall street by showing greater revenue -> layoff (employees are largest cost center for tech companies)
[ Parent | on HN ]
Re:Coinbase stock lost over 75% value by theturtletalks on Monday May 09, 2022 @11:24PM (#31323079)
Stock doing well -> public company CEOs want to justify by showing greater growth -> hiring
[ Parent | on HN ]