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A company generates value for society, or it ceases to exist over the long run. We have unemployment insurance for laid off workers and most people at megacorp
by chrisco255 1y ago
A company generates value for society, or it ceases to exist over the long run.
We have unemployment insurance for laid off workers and most people at megacorps also get severence when they get let go. Older employees can find the same jobs at different companies there are almost no jobs that are exclusive to any one company and even where that is the case you can still find related jobs. There is no excuse.
Unemployment levels are near 4% right now, historically near all time lows.
Silicon Valley is expensive because of nimby zoning laws. We do not have that problem in Austin as Texas is pro-growth and allows for dense, high rise buildings and apartments to be built at will. As a result, our rent has gone down significantly in the last several years despite population growth. Fix your regulations and the supply problems in housing will fix themselves.