Sorry, I dont speak corpo. I had a company myself for 7 yrs. There is no excuse for laying off people while making profits as long as they’re doing their job ok and you‘re not in a rough situation as a company.
The ease with which american companies can get rid of their employees is disgusting.
Especially people from the US and young people dont seem to know that companies are not supposed to make profits every year. Listening to nowadays business news is like „company xyz made 3% less profit than last quarter. Record layoffs coming!“
I‘m glad that this isnt sustainable and i‘m sure it will implode. Waiting for it every day.
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Businesses sometimes need to consolidate expenses for long term planning. I understand this.
What should be illegal is laying off regular employees while awarding record high pay, raises, and bonuses to c-suite level employees.
Sorry, I dont speak corpo. I had a company myself for 7 yrs. There is no excuse for laying off people while making profits as long as they’re doing their job ok and you‘re not in a rough situation as a company.
The ease with which american companies can get rid of their employees is disgusting.
Especially people from the US and young people dont seem to know that companies are not supposed to make profits every year. Listening to nowadays business news is like „company xyz made 3% less profit than last quarter. Record layoffs coming!“
I‘m glad that this isnt sustainable and i‘m sure it will implode. Waiting for it every day.
Did you not read the rest of my post?
I did. But saying something else later doesnt make corpo apologism any better.