Why does C suite not get any punishment for tanking the stock price? All they know how to do is cut headcount and make objectively bad decisions.
We’re going to spend 2B on building this Plano Campus for no fu---n reason. Wow!! Why do we not have any money?? Guess we’ll have to make employee cuts ! We’re going to spend billions on RTO, wow, why do we not have any money? Time to cull the cattle again! We’re going to buy TWD, we’re going to give tmobile 4 billion dollars, we’re going to buy directv! Oh, I’m actually stupid?? Let’s go cut more cattle and give myself a raise for my hard work.
The layoffs in June are going to be nuclear. PoliSci Legg’s d-mb as fu-k AI push has the whole company on Microsoft’s leash, and co pilot is getting 6x more expensive starting in June. It is an abhorrent failure. He has successfully capped top performer’s usage, and given too much usage to pea brains that ask AI what the weather is today. The cost and mismanagement will be insurmountable, so layoffs of at least 10% will happen.
And all the while, the guy making 30 mil for je-king off in his office and saying “Fiber” all day is perfectly safe, somehow. The stock is down 17% in 10 years, what does he even do? Why do these guys have jobs? They contribute nothing to society but leach from the money made by employees.