• bearboiblake@pawb.social
    link
    fedilink
    English
    arrow-up
    5
    ·
    edit-2
    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.