• fearout@kbin.social
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    1 year ago

    Why do they always do it within a few days after layoffs? Like guys, wait for a few months at least

    • Boondock@lemmy.world
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      1 year ago

      Most these guys get paid in stock options.

      They likely request it to be timed this way to get more shares of the company off the back of the bad news dump.

      It’s like insider trading but on the buy side soo not as likely to be investigated.