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pm90 on May 10, 2022 | parent | context | favorite | on: Coinbase stock lost over 75% value

Stock doing poorly -> public company CEOs want to please wall street by showing greater revenue -> layoff (employees are largest cost center for tech companies)

theturtletalks on May 10, 2022 [–]

Stock doing well -> public company CEOs want to justify by showing greater growth -> hiring

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