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The cost to replace a single person in a company doesn't always allow for that replacement to be anywhere. There are often other fixed costs associated as well
by tracker1 6y ago
The cost to replace a single person in a company doesn't always allow for that replacement to be anywhere. There are often other fixed costs associated as well as legal restrictions. Otherwise there would be nobody working in the US at all right now.
- ianleeclark 6y ago> The cost to replace a single person in a company doesn't always allow for that replacement to be anywhere. You're doing the sleight of hand, but on an even more localized level: a single company hiring a single person. We're talking about aggregates here
- toyg 6y ago> The cost to replace a single person in a company doesn't always allow for that replacement to be anywhere .. today. Tomorrow, it will be. We've already seen it happening several times since the first industrial revolution. 100 years ago, global supply chains on the scale we are currently witnessing were simply unthinkable. Any sector not currently enjoying pressure to move to the cheapest reliable location is only under a temporary hold. In the long run, capital treats workers like any other resource: something whose cost should be continuously minimized, for "efficiency" in relation to profit.