Wouldn’t we be seeing some kind of press release if a mass layoff was underway? If it is and no statements have been made, they’d be opening themselves up to all kinds of trouble with their investors and the SEC.
They might just be timing the release for a big enough bump in the stock.
Yep. Good point. Updated the title of this post to a question. I know they definitely did some layoffs today but maybe it wasn't as extensive as I was led to believe.