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A comment on Netflix lays off about 150 employees. Parent comment

Re:Netflix lays off about 150 employees by AlchemistCamp on Wednesday May 18, 2022 @10:11AM (#31423004)
Stock prices are mostly tied to reality in the long run, but barely at all in the short run.
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Re:Netflix lays off about 150 employees by throwaway_1928 on Wednesday May 18, 2022 @10:20AM (#31423114)
That is true, but "Markets can stay irrational longer than you can stay solvent".

If their stock price keeps tanking, layoffs are inevitable. This is sadly true for much of the economy if it goes into recession.

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