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Re:It's time to switch to a four-day working week, say two e... by thedufer on Sunday June 09, 2019 @04:59AM (#20138068)
I think the confusion is not where the figure 1/5 comes from, but rather why that is the change in profit. It looks like you meant revenue.
Re:It's time to switch to a four-day working week, say two e... by kennywinker on Sunday June 09, 2019 @12:02PM (#20140008)
Right. I see how that was unclear. A 1/5 increase in labour costs is a much more precise way to frame it.
Re:It's time to switch to a four-day working week, say two e... by bluecalm on Tuesday June 11, 2019 @12:01AM (#20152924)
It's more precise but the whole point is that cutting 20% of profits sounds like a reasonable price to pay but once you realize increasing labor cost by 20% may mean for example 80% cut in profits it's not so simple anymore.