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> everything is pure upside, wealth generated out of thin air. Isn't this also how companies perceive job cuts and wage reduction? Forget about Henry Ford's id
by AlexandrB 3y ago
> everything is pure upside, wealth generated out of thin air.
Isn't this also how companies perceive job cuts and wage reduction? Forget about Henry Ford's idea of having a population that can actually afford to buy your products, just keep cutting labor costs.
Edit: Or stock buybacks. Just as long as "the line goes up" for now doesn't matter if you run the whole ship into the ground in the future.