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Re:Meta to Layoff 10k Employees by brap on Tuesday March 14, 2023 @09:28AM (#35151146)
The novel isn't for employees, it's for investors
Re:Meta to Layoff 10k Employees by avrionov on Tuesday March 14, 2023 @09:59AM (#35151637)
Correct. The stock is up 5% this morning.
Re:Meta to Layoff 10k Employees by yurishimo on Tuesday March 14, 2023 @10:09AM (#35151791)
Stock always goes up after layoffs. Hell, the stock goes up after _rumors_ about layoffs.
Re:Meta to Layoff 10k Employees by DeathArrow on Tuesday March 14, 2023 @10:29AM (#35152093)
So, if you approach 0 employees asymptotically, the stock will approach ∞.
Re:Meta to Layoff 10k Employees by mywittyname on Tuesday March 14, 2023 @10:32AM (#35152149)
I sincerely hope this new thesis you've unleashed on the world is called the DeathArrow in business schools across the world.
Re:Meta to Layoff 10k Employees by Iwan-Zotow on Tuesday March 14, 2023 @10:57AM (#35152503)
give man a Nobel
Re:Meta to Layoff 10k Employees by otikik on Tuesday March 14, 2023 @11:45AM (#35153400)
Let me guess. You work in crypto.
Re:Meta to Layoff 10k Employees by sirsinsalot on Tuesday March 14, 2023 @02:11PM (#35155918)
Limitless growth
Re:Meta to Layoff 10k Employees by brwck on Tuesday March 14, 2023 @03:14PM (#35156943)
Why stop a 0? If we can have negative interest rates, why not negative employment? Make employees pay you to work for them.
Re:Meta to Layoff 10k Employees by ghaff on Tuesday March 14, 2023 @03:39PM (#35157224)
I'm pretty sure that's a thing with certain types of internships.
Re:Meta to Layoff 10k Employees by satvikpendem on Tuesday March 14, 2023 @05:08PM (#35158670)
Revenue (or profit) per employee is always the metric to use, where employee >= 1, since there is no use making 0.01 cents if there are 0 employees.

WhatsApp famously had ~50 employees for ~$16 billion in acquisition price.

Re:Meta to Layoff 10k Employees by blsapologist42 on Tuesday March 14, 2023 @06:24PM (#35159933)
What was their revenue though?
Re:Meta to Layoff 10k Employees by satvikpendem on Tuesday March 14, 2023 @06:27PM (#35159973)
Who knows / cares? Their product is the stock itself that was then sold to the acquirer.

The show Silicon Valley has a great parody of this fact: https://www.youtube.com/watch?v=YZFTaEenaHM

Re:Meta to Layoff 10k Employees by testfoobar on Tuesday March 14, 2023 @10:45AM (#35152334)
And the press. You can assume that internal emails like this are leaked.
Re:Meta to Layoff 10k Employees by Jagerbizzle on Tuesday March 14, 2023 @11:12AM (#35152777)
It's publicly posted on fb.com
Re:Meta to Layoff 10k Employees by capableweb on Tuesday March 14, 2023 @11:21AM (#35152955)
After sharing it internally. Probably posted on fb.com as they know it would just leak otherwise, and the memo is written with the mindset of it being public regardless.