Hacker News Reader

I am not OP. But to support his arguments.

CEO Failure News Example (2013): https://techcrunch.com/2013/08/06/fail-week-kevin-ryan/

'Stock Price Jumps' Example (2026): https://finance.yahoo.com/news/amazon-stock-jumps-pre-market...

Not sure if it is the articles I picked up, but the amazon example doesn't have a single mention of Andy Jassy!

It’s very easy to find examples of stock prices jumping after major layoffs going back may years, e.g. https://www.spokesman.com/stories/1996/jan/03/att-rings-in-y...

That article even says “ Wall Street, in keeping with its cheerful attitude about layoffs, […] investors bet that profit-sweetening job cuts, though perhaps not as dramatic as AT&T’s, would remain in vogue among large corporations.

Large layoffs have always been looked upon favorably by investors.

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