Not sure if it is relevant but after firing 500 people, the stock price is almos... | Hacker News

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wg0 on Oct 30, 2024 | parent | context | favorite | on: Dropbox announces 20% global workforce reduction

Not sure if it is relevant but after firing 500 people, the stock price is almost up by 2 dollars between 29th and and 30th October.

Next - we have to raise our prices.

Probably lazy money invested for gains takes its toll on the rest of the society.

lotsofpulp on Oct 30, 2024 [–]

You are welcome to start a business that competes with Apple/Alphabet/Microsoft/Amazon, and see if you can survive without raising prices or making bets that may not succeed and cause you to fire people.

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