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A comment on Amazon to Lay Off over 17,000 Workers, More Than First Planned. Parent comment

Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by justahuman74 on Wednesday January 04, 2023 @07:01PM (#34253856)
There is nothing to justify though. Stock prices are external opinions based on market factors, and other companies making staff cuts is their own problem.

If the voting majority of the google board is happy with the revenue/profit/growth/staff then why would they cut

[ Parent | on HN ]
Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by lmm on Wednesday January 04, 2023 @10:40PM (#34255618)
Why would the board be happy? Do they think they know something the market doesn't?
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Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by EFreethought on Thursday January 05, 2023 @05:28AM (#34258041)
Well, if they understand the concept of "business cycle", then yes, they do.
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Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by lmm on Thursday January 05, 2023 @03:39PM (#34266198)
Surely the market should understand that equally well.
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