Google reorg, stock rally, interest rate down
Tc: 0.5m How are 3 thing connected? How come layoff come when stock rally and interest rate is down? Are we trending good or shit? Google reorg: https://www.reuters.com/technology/google-plans-ad-sales-restructuring-automation-booms-information-2023-12-20/
Google channawe Dec 27, 2023
Stocks are forward looking. Almost a year forward.
Salesforce JSNF6 Dec 27, 2023
excellent point
Sometimes stocks rally as a result of cost reduction
Most of the times
Definitely. Salesforce stock went way up this year as a result of cost cutting (in addition to the mass layoffs 😭)