indicator of potential layoffs? https://www.nasdaq.com/press-release/pinterest-announces-partnership-with-elliott-investment-management-2022-12-06 Tc: 150
Partnership with Elliot …2 word that don’t belong in a sentence
Yep
Elliot is ruthless, RIP Pinterest!
Why do they need to waste money on Elliott to lay people off? They could just do what Elon Musk did instead
What does it mean
Oh no, Paul Singer has entered the chat. These people layoff entire buildings of people with the blink of an eye. If I remember correctly, dude hired mercenaries to hijack Argentinian battleships docked in Africa to make the Argentinian gov fulfill their lapsed bond payment. Lol.
Sorry for you. They ripped us apart few years back. Mass layoffs incoming.
Sorry to hear. Do you recall what percentage of the workforce was let go?
Elliott has been the largest investor for around half the year. I think the big question is how does the added board seat change things. Will the magnitude of potential layoffs be greater? More immediate? Will this affect pay/ refreshers/ benefits?
Yes, Elliot is evil