Even worse: "Best year ever! Profits are up XX%! Investors are happy! Sorry, the... | Hacker News

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		Sohcahtoa82 on Aug 24, 2023 \| parent \| context \| favorite \| on: Common mistakes in salary negotiation Even worse: "Best year ever! Profits are up XX%! Investors are happy! Sorry, there's no money for raises. Also, we're laying some of you off." That's exactly what Activision-Blizzard did in 2019. They announced record profits, and in the same week announced the layoff of 800 workers. https://www.polygon.com/2019/2/12/18222096/blizzard-layoffs-...

dragonwriter on Aug 24, 2023 [–]

It may seem odd at first impressiom, but profits are about the past, layoffs are about the future, so its also not nonsensical.

para_parolu on Aug 24, 2023 | [–]

That seems like improper management to me.

dragonwriter on Aug 24, 2023 | | [–]

Improper management is report past results as results and making forward decisions based on forward prospects? Or…what, exactly?

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