Do they really do a big layoff the same day the earnings report is released? What if the report is favorable?
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No report is ever good enough. That's the rigged game. Make the debt ridden propagandized hamsters spin and spin, nothing was ever good enough in the corporate us empire
I have NEVER seen a report that was not favorable. Also, the report has nothing to do with layoffs...
If the report was favorable could just mean they found a temporary solution like not giving out bonuses or proper raises. Layoffs could still be an option.
I don't recall layoffs and the earnings report being connected. The earnings reports are usually favorable, but the thing I always thought was funny was a positive earnings report followed up travel cuts and hiring freezes due to unfavorable forecasts. It was tough for them to keep the story straight between the rah rah public information and the doom and gloom internal communication.