• Magister@lemmy.world
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    2 days ago

    In the past, when a company had disastrous revenue and all, they did layoff ; and when they were super successful and earn top $$$ they hired a lot of people to grow.

    For a couple of years now, when a company post incredible revenue/profit grow like literally two digits billions per quarter, they layoff people.

    So yeah it’s a sign of a healthy company now ‽

    • fyrilsol@kbin.melroy.org
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      2 days ago

      I’ve been feeling this with Wal-Mart.

      They will cut hours and lay off people around particular periods. And then I’ll go and read on the front page of my work portal that goes “ANOTHER STRONG QUARTER OF EARNINGS!” to put it bluntly.

      So, that’s the method now. Maximize profits. Executives get top dollar. At a worker’s expensive.

      You are just a statistic.