That's a big difference. There's no tax related consequences related to the end of the calendar year for companies, so you kind of invalidated your own statement by "correcting" it.
Taxes are done on the fiscal year not the calendar year. Either way layoffs would have nothing to do with taxes. All these big companies pay 0 taxes already by moving money around.
The big layoffs is instead related to cost per stock, and layoffs usually happen close to an earnings call and again unrelated to the calendar year.
FrezoreR t1_j1fcpao wrote
Reply to comment by BakingMadman in Google tells employees more of them will be at risk for low performance ratings next year by Sorin61
That's a big difference. There's no tax related consequences related to the end of the calendar year for companies, so you kind of invalidated your own statement by "correcting" it.
Taxes are done on the fiscal year not the calendar year. Either way layoffs would have nothing to do with taxes. All these big companies pay 0 taxes already by moving money around.
The big layoffs is instead related to cost per stock, and layoffs usually happen close to an earnings call and again unrelated to the calendar year.