@Wilshire@beehaw.org to Technology@beehaw.org • 2 years agoReddit to lay off about 5% of workforcewww.livemint.commessage-square72fedilinkarrow-up132arrow-down10cross-posted to: technology@lemmy.ml
arrow-up132arrow-down1external-linkReddit to lay off about 5% of workforcewww.livemint.com@Wilshire@beehaw.org to Technology@beehaw.org • 2 years agomessage-square72fedilinkcross-posted to: technology@lemmy.ml
minus-square@LoreleiSankTheShip@lemmy.mllinkfedilink1•2 years agoI’m not American, but isn’t it mandated by law over there to do stuff like this, to create the maximum profit for shareholders? Forgive my ignorance of US laws!
minus-squareThe Cuuuuubelinkfedilink1•2 years agoNo such laws. The only laws for publicly traded companies are that they must be open and honest with shareholders about the financial status of their organization. You’re very much allowed to run a business that stays small forever
I’m not American, but isn’t it mandated by law over there to do stuff like this, to create the maximum profit for shareholders?
Forgive my ignorance of US laws!
No such laws. The only laws for publicly traded companies are that they must be open and honest with shareholders about the financial status of their organization. You’re very much allowed to run a business that stays small forever