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How many companies owned by the world’s richest men have had lay offs in the last 18 months? They became that rich by not losing money. It’s a sinking ship and
by mogwire 3y ago
How many companies owned by the world’s richest men have had lay offs in the last 18 months?
They became that rich by not losing money. It’s a sinking ship and he is trying to plug the hole.
- nomilk 3y agoCorrelation does not equal causation. Although unprofitable companies might be inclined layoff employees, it's not implied that layoffs are a sign of unprofitability (in fact, the opposite could be true: laying off employees whose marginal value is low could cause a company to be more profitable).