2/2
https://theweek.com/business/economy/america-avoid-recession-2023
3. Venture capitalists like Chris Hohn ordered mass layoffs to manipulate stock prices & boost management bonuses
They want dividends & stock buybacks more than revenue generating employees.
https://fortune.com/2023/01/23/christopher-hohn-rishi-sunak-old-boss-tci-fund-management-letter-to-alphabet-sundar-pichai/
4. Layoffs don't make companies efficient
It frees skilled labor for hiring by other sectors of the economy or into the arms of foreign competitors.
https://ca.news.yahoo.com/tech-layoffs-hitting-companies-doing-141523174.html
5. To thwart work-from-home or unionization drives
https://hbr.org/2022/12/what-companies-still-get-wrong-about-layoffs
Nicole Parsons /
npub1jl…7nvkq
2024-02-18 06:46:41
in reply to nevent1q…5jq4
Author Public Key
npub1jlyyk7d4gggl0tdlg6njzmkj9ldk30kartth84c82ptutgrggmaq37nvkqPublished at
2024-02-18 06:46:41Event JSON
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