775
submitted 5 months ago* (last edited 5 months ago) by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works
you are viewing a single comment's thread
view the rest of the comments
[-] Xanis@lemmy.world 7 points 5 months ago

I enjoy pointing out that for a company that makes X Profit, Y Salary does not equal Z Bankruptcy. If it did you don't want to work for them anyway since they're one good solid financial fart away from going under.

It's all smoke and mirrors. Most companies can afford twice the workforce they have. Layoffs and hiring freezes exist to make the quarterly reports look pretty for the largely sociopathic execs who are just literate enough in most cases to deeply appreciate books with pictures that are less than 30 pages in length.

[-] pearsaltchocolatebar 0 points 5 months ago

If they're publicly traded then they're required by law to try to have continuous growth. Of course, that's not sustainable.

[-] Xanis@lemmy.world 1 points 5 months ago

So while it is slightly more complex than this, what you just said fundamentally boils down to:

You're wrong.

Fiduciary Responsibility, yes. Legal requirement: No.

this post was submitted on 17 Apr 2024
775 points (98.5% liked)

People Twitter

5034 readers
536 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying.
  5. Be excellent to each other.

founded 1 year ago
MODERATORS