this post was submitted on 12 Jan 2024
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Pixar will undergo significant layoffs in 2024. (techcrunch.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 40 points 1 year ago (1 children)

This is like every company right now, and it's entirely because shareholders are parasites

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago) (1 children)

Shareholders are pensioners, IRA, and 401(k) account owners too. Small people with aspirations of retiring one day.

[–] ImplyingImplications 7 points 1 year ago

Most retirement accounts are in mutual funds, index funds, bonds, and other "safe" investments. It's difficult for an average person to lose their shirt in stocks because of regulations and laws, which also means large stock increases don't affect average people much either.