
If X company has a layoff event of at least 100 persons before Dec 31, 2024, then the market resolves to Yes.
The primary resolution source for this market will be official information from the company, however, a consensus of credible reporting that the layoffs have happened will also be used.
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Rules update (11/19/2024):
Given the nature of reporting about layoffs in the ambiguity that sometimes exists in that reporting, I will be establishing the following resolution structure for resolving markets:
If a company confirms by the end of the year that they have laid off more than 100 employees that company's market will resolve entirely to "yes"
If a consensus of credible reporting clearly states that a company has laid off more than 100 employees that company's market will resolve entirely to "yes"
If a consensus of credible reporting on the company's layoff estimates that the number of people laid off is over 150, the company's market will resolve entirely to "yes." The reason for this is that an estimate of over 150 employees is convincing evidence that the company has laid off at least 100 employees.
If a consensus of credible reporting estimates that a company has laid off approximately 100 employees that market will resolve to 90% "yes" if none of the above happen before the end of the year.
If a company states or there is credible reporting that a company has done layoffs, but the number is not specified by the end of the year that market will resolve to "no"
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