• rafoix@lemmy.zip
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    5 hours ago

    Shareholders only want short term gains so they could sell their shares and win big.

    Long term goals are for the suckers that bought the artificially inflated stocks.

    • bearboiblake@pawb.social
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      4 hours ago

      Layoffs actually tend to artificially deflate stock prices as it’s seen as a signal of a company in financial distress - this is actually one of the reasons why industries tend to do layoffs simultaneously across multiple corporations. Of course this can be used to turn a profit through short selling but you’d need to have some sort of prior knowledge to set up the short positions prior to the layoffs being announced.