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Very funny! I don't think the issue is that simple though, of course. The very quirks that cause these massive layoffs are the same quirks that caused the massi
by MetaWhirledPeas 4y ago
Very funny! I don't think the issue is that simple though, of course. The very quirks that cause these massive layoffs are the same quirks that caused the massive hiring in the first place. Namely, executives playing a macro-level game with their company.
You can have stability where companies don't have the crazy layoffs and insane pay discrepancies, but it might come at the cost of less hiring in the first place, more modest salaries all around, and probably less risk taking and therefore less productivity in general. If you don't think productivity matters ask yourself what products or technologies really do make the world a better place right now, and if you'd be okay with never having those developed in the first place.
Maybe there's a way to make things better without sacrificing productivity. But let's not kid ourselves and pretend that simply expecting executives to "stop being greedy" is a realistic expectation.