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A comment on CEOs’ pay climbed before layoffs at tech giants like Alphabet and Microsoft. Parent comment

Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by kccqzy on Saturday August 05, 2023 @06:37PM (#37016924)
And frankly layoffs had almost no effect on their stock prices. Announcing new products, even if quite half-baked AI efforts, had much bigger impact on stock prices than layoffs.
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by henry2023 on Saturday August 05, 2023 @06:41PM (#37016950)
Ask facebook
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by mertd on Saturday August 05, 2023 @06:59PM (#37017064)
Meta stock performance is not really attributable to layoffs.
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by filoleg on Saturday August 05, 2023 @10:19PM (#37018333)
Meta stock price is almost back to its all time high. 149% up since the beginning of the year, 249% up since its lowest point of the crash.
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by nine_zeros on Saturday August 05, 2023 @07:09PM (#37017120)
> And frankly layoffs had almost no effect on their stock prices. Announcing new products, even if quite half-baked AI efforts, had much bigger impact on stock prices than layoffs.

This is true but you know what? Every action of the CEO is meant for the investors and large shareholders. The layoff is merely a signal that says

"I am willing to do what it takes to give you your return. Buy more shares"

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