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Big companies with that money can hire more employees, offering the community more jobs and furthering our economy. It's very rare for a large company to take a
by spoils19 4y ago
Big companies with that money can hire more employees, offering the community more jobs and furthering our economy. It's very rare for a large company to take a subsidy and hoard it, or not use it for public goodwill.
- etrautmann 4y agoReally? I don’t typically think of companies as magnanimously providing public goodwill, and you could argue that hoarding cash is what plenty of companies have been doing for the last 15 years.
- threatofrain 4y agoTo what degree does that money convert to salary for employees that aren't managerial level? And if a company is in bad shape, shouldn't cuts happen despite a cash infusion?
- agitator 4y agoBig companies top priorities are investor returns, not employing the masses. The result you describe is dependent on many more variables, like product demand actually necessitating hiring.
- xg15 4y agoAnd pay those employees less than minimum wage if they can get away with it. > It's very rare for a large company to take a subsidy and hoard it, or not use it for public goodwill. Citation needed.
- the_only_law 4y agoTheir PR team of course!
- spoils19 4y ago> And pay those employees less than minimum wage if they can get away with it. Citation needed. Regardless, it's not up to companies to be charities - everyone is acting in their own best interest, of course.