It worked like this in the 80s in Europe. Too many steel mills closed, governments and unions capped thr total labor hours to create balance and ensure a health

It worked like this in the 80s in Europe. Too many steel mills closed, governments and unions capped thr total labor hours to create balance and ensure a healthy job market. It can be done and if everyone for their earnings call is promising the gains to shareholders through layoffs or may end viable way to avoid an utter labor market disaster that’s brewing.