• @explodicle
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    English
    13 days ago

    Would the investors not risk adjust? Layoffs mean the company’s output is shrinking, not growing. They get a short term savings at the cost of long term productivity.

    • @[email protected]
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      fedilink
      13 days ago

      Investors buy on the rumours and sell on the news. They make money as long as the numbers go up when they’re long and down when they’re short.

      I think John Deere is seen as a pretty dominant company in its industry. It locks in tons of farmers into its repair/service program.

      I don’t know anything about the specifics of the layoffs but I’d imagine the reasoning was communicated to investors.