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You have a problem in causation here. Macy’s announced the job cuts and the stock fell dramatically in the same day–but the job cuts are not the cause of the stock falling. The cuts are actually a symptom of how sick the company is. The more likely cause of the stock drop was below 2009 guidance and Moody’s warning that they could downgrade Macy’s debt to junk.
I’m nit-picking, sorry…
You have a problem in causation here. Macy’s announced the job cuts and the stock fell dramatically in the same day–but the job cuts are not the cause of the stock falling. The cuts are actually a symptom of how sick the company is. The more likely cause of the stock drop was below 2009 guidance and Moody’s warning that they could downgrade Macy’s debt to junk.
I’m nit-picking, sorry…
You have a problem in causation here. Macy’s announced the job cuts and the stock fell dramatically in the same day–but the job cuts are not the cause of the stock falling. The cuts are actually a symptom of how sick the company is. The more likely cause of the stock drop was below 2009 guidance and Moody’s warning that they could downgrade Macy’s debt to junk.
I’m nit-picking, sorry…
This is so depressing. Will you guys please post good news? or at least more pretty pictures? I think your readers could use it!
They didn’t say the stock drop was casued by the job cut, just that within minutes of one, the other occurred.
This is so depressing. Will you guys please post good news? or at least more pretty pictures? I think your readers could use it!
They didn’t say the stock drop was casued by the job cut, just that within minutes of one, the other occurred.
This is so depressing. Will you guys please post good news? or at least more pretty pictures? I think your readers could use it!
They didn’t say the stock drop was casued by the job cut, just that within minutes of one, the other occurred.
That’s so sad!
That’s so sad!
That’s so sad!
reader number one has it right- the job cuts are to please stockholders.
reader number one has it right- the job cuts are to please stockholders.
Fashion in the firing line. Is anything sacred?
http://thesexypedestrian.blogspot.com/
Fashion in the firing line. Is anything sacred?
http://thesexypedestrian.blogspot.com/
Fashion in the firing line. Is anything sacred?
http://thesexypedestrian.blogspot.com/
So glad I don’t work there anymore… :(
So glad I don’t work there anymore… :(
So glad I don’t work there anymore… :(