Gregory's Server@oneiros @sjvn @fuzzychef being able to mass sell 6 billion usd worth of stock and crash the price is it’s own form of voting. and that’s just TCI. they have friends.
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 @fuzzychef @ariadne @oneiros 4th quarter results are on Feb. 2nd, but they won't show the layoff results for at least another quarter. I'm glad I don't cover that end of technology. @ariadne @oneiros @fuzzychef The funny thing about covering technology for a living is that after a while 6 billion doesn't even sound like that much. And, for Google I think that makes them like 22nd or so in the list of top stockholders. That said, I'm pressed to think of another good reason for these cuts except an irrational fear of recession.   @sjvn @ariadne @oneiros @fuzzychef they all eat in the same plates. Across all companies, shareholders are the samey their name on paper might be different, but their money speaks as one and this is why this firing storm is happening. While they exist, nothing will change. And this will happen again. |
@ariadne @oneiros @sjvn of course, now they're going to wait for the 3Q results that look like enhanced profitability, and then dump all the stock when it goes up.