Abandoned AmericaThe tech layoffs really illustrate how the wealthy like to use workers to construct a system of profit for their business, and then shut off all outlets for that profit to reach those very workers once the system is in place
It just blows my mind how much of life is living on a trapdoor other people deliberately build beneath you so they can drop you when it makes them some more money they don't even need. I get it if a business is sinking and needs to let people go to stay afloat. But when they have record profits? Even though I expect nothing more it still astonishes me sometimes
Hasufin@AbandonedAmerica I feel like maybe there should be a fine to the C-levels based on the number of people they lay off. Not insurmountable, say $50/employee, but make it directly hurt for doing it.
@Hasufin I'd like to see them regulate the max level of a CEO's salary too
@AbandonedAmerica That wouldn't make any difference. Many CEOs make only a nominal salary. Their compensation is in stock price and perks.Which both means that their lifestyle isn't tied to their income, and they are incentivized to manipulate stock price.
@Hasufin ahhhh well they still make a huge amount compared to workers though