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Companies frequently make no profits. Imagine missing your rent payment because your company had a bad quarter.
by empath75 2y ago
Companies frequently make no profits. Imagine missing your rent payment because your company had a bad quarter.
- PopAlongKid 2y agoProfits and operating cash flow are two different things. Only the latter matters in terms of meeting payroll. Very few companies of any kind cut pay or lay off employees just because they "had a bad quarter." Even when there is a bad year or two (such as during coronavirus pandemic), the government will usually step in and offer generous tax credits to try to keep employees working.
- kaibee 2y agoAre... are you familiar with layoffs? Y'know, that thing companies do where they stop paying you and you don't have a job anymore?
- charles_f 2y ago> Every worker gets a salary but also a percentage of their salary in stock ownership That's in the second paragraph. I don't know what the fixation is in finding problems with paying more the people who produce what the company sells.