It forgets wasted time, too. In most situations that are not manual labor, you can't just trim 10 hours from one person's schedule, give them to someone else, and expect equivalent or better performance. In most clerical positions, time is spent accumulating knowledge, socialising, and waiting for process related bottlenecks.

No doubt about the fact that ( more employees == more inefficiency ) for the corporation. But the benefit to the 20 members of the community that have gone from zero income to working is enormous.