Layoffs have been widespread this year, especially in the tech sector, with companies often blaming restructuring or efficiency drives. Gone are the days when cutting jobs, particularly in the name of artificial intelligence (AI), was seen as a positive move by the stock market.
A report from Goldman Sachs analysts shows that layoffs, even when linked to automation or technological efficiency, are now being viewed far more negatively by investors.
In the past, layoff announcements often pushed share prices higher, as investors expected lower costs and…
