Reduction in force does not always yield Stock price increase. There are many factors involved. It could be a sign of poor management, over hiring and then firing, a very expensive way to do Buisness. The street has wised up to this method of trying to pump up stock prices.
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seriously? Access folks ignored? I don't know why the name hasn't changed from Williams to Access yet, because that's what the company leadership is now. and purse strings. look up who owns most of WPZ stock (formerly Midstream Access Partners) ; #1 Williams (WMB), #2 Purgason #3 Seldenrust.
Maybe so. But, that's what a reduction in force is all about and earnings releases are for Wall Steet. More fun for Williams employees is that the Access name is now officially dead in earnings report. Go read the earnings call transcript. Perguson is identified as Sr VP for "Central Operating Area". Ha. More griping this week from "legacy Access" folks that they are being "ignored"