Re:Amazon to Lay of 18k Workers
by robswc on Friday January 20, 2023 @10:57AM
(#34454810)
It is frustrating, to be sure... but I think 18k jobs for 2 years is a net-positive for society.
We wouldn't be here discussing this if the economy had not done so poorly.
What if on average, you hire 10 people a year. Each year, there's a 10% chance of having to lay off 10 people. Details of profit/loss aside, what is the optimal move? Never hire so you never have to lay anyone off? Hire only 5 people a year so the impact is not so large?
We wouldn't be here discussing this if the economy had not done so poorly.
What if on average, you hire 10 people a year. Each year, there's a 10% chance of having to lay off 10 people. Details of profit/loss aside, what is the optimal move? Never hire so you never have to lay anyone off? Hire only 5 people a year so the impact is not so large?