Macroeconomic Changes Have Made It Impossible for Me to Want to Pay You

Re:Macroeconomic Changes Have Made It Impossible for Me to W... by s1artibartfast on Wednesday January 25, 2023 @05:29PM (#34525051)

You have a good point on my individual control of a public company is quite small. Luckily, basically every single other stockholder has the same reason for owning the stock as me- making money.

There is basically no risk that a different group of stockholders with more voting power want to run it as a public works jobs program

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Re:Macroeconomic Changes Have Made It Impossible for Me to W... by bbzealot on Thursday January 26, 2023 @08:20AM (#34531277)

Yet the fact that shareholders want to get richer doesn’t mean that laying off people when a company is drowning in money is ethically right.

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Re:Macroeconomic Changes Have Made It Impossible for Me to W... by s1artibartfast on Thursday January 26, 2023 @10:46AM (#34533174)

If you want to look at it simply in terms of ethics, I'm not sure layoffs are always unethical, even if the company is profitable.

I do think it is unethical to jerk people around (e.g. new hires), but I think generous severance goes a long way towards addressing this.

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