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.
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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
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
Why stop a 0? If we can have negative interest rates, why not negative employment? Make employees pay you to work for them.
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