Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Exactly. It’s just goosing the numbers. The company made this much in profit, and the cost-cutting from firing people will save money immediately, so it looks great… on paper… for a little while. It doesn’t matter if the company is gutted, because the CEO and most of the investors will dip before things get too bad, and go onto the next thing. The employees will suffer and the customers will be upset, but CEOs don’t answer to them, they answer to shareholders, and shareholders just want the line to go up this quarter.
Exactly. It’s just goosing the numbers. The company made this much in profit, and the cost-cutting from firing people will save money immediately, so it looks great… on paper… for a little while. It doesn’t matter if the company is gutted, because the CEO and most of the investors will dip before things get too bad, and go onto the next thing. The employees will suffer and the customers will be upset, but CEOs don’t answer to them, they answer to shareholders, and shareholders just want the line to go up this quarter.