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Besides the economic realities of companies selling shovels to out of work miners, companies always have people they want to layoff but generally want to avoid
by koolba 4y ago
Besides the economic realities of companies selling shovels to out of work miners, companies always have people they want to layoff but generally want to avoid both the confrontation and publicity.
Once the flood gates open up by your competitors or the sector as a whole starting layoffs, it makes sense to get your own house in order.
- pydry 4y agoOccams razor suggests that if the trend were kicked off by wildly profitable companies that have previously been fined for wage fixing then the cost of capital might not be the whole story.