Comment by Muromec

Wrong etage. Stock value is not very responsive to the fact that some line manager fired two poor shmooks, but it is responsive to the news of company laying off two digit percent of the same. That will be of course corrected somewhat once fresh quarterly results will show how effectively those enlightened souls managed to oppress the work takers.

Now if your line manager fires somebody for no good reason and then has to still pay the salary of this person for a year and a half and also pay the salary of their replacement -- that, when accumulated, starts affecting bottom line at some point.