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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.
Re:Bird lays off hundreds via Zoom call by pbourke on Saturday March 28, 2020 @03:04AM (#22709707)
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.