Re:Bird lays off hundreds via Zoom call
by saagarjha on Saturday March 28, 2020 @02:49AM
(#22709667)
But then the economy goes down the tubes.
[ Parent
| on HN ]
There is a third way: bailouts are conditioned on the public or workers getting ownership stakes.
Re:Bird lays off hundreds via Zoom call
by markkanof on Saturday March 28, 2020 @04:07AM
(#22709890)
Agreed. Or an additional option is to let businesses fail. The value of a viable business doesn't instantly go away just because they are insolvent. Let another better managed company buy up the failed company.