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coffeefirstyesterday at 9:05 PM2 repliesview on HN

Some of this smells purely nihilistic. The market rewarded layoffs with higher stock prices, incentivizing more layoffs.


Replies

dd8601fnyesterday at 9:21 PM

It sure didn't reward Atlassian. If anything it accelerated the long, downward slide.

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HDThoreaunyesterday at 9:23 PM

I dont think zuck cares especially much about the stock price. He's certainly not beholden to any shareholders. He's doing this because he genuinely thinks it will help the company to trim the fat.