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I'm empathetic to people losing their jobs, but those people were given their jobs in anticipation of further growth. Labor is almost always the easiest cost to
by I_Am_Nous 3y ago
I'm empathetic to people losing their jobs, but those people were given their jobs in anticipation of further growth. Labor is almost always the easiest cost to reduce, but the value a few thousand people bring to the economy themselves via wages is dwarfed by the excessive overvaluation the Meta bubble generated.