Stop goving coverage to layoffs; it's sick. These companies are unnecessarily cutting jobs because they want the central banks to stop raising interest rates, as they might make more money. It is perverse economics. I lived through the early 90s where every day was the media was shouting jobs cuts; the psychological scarring literally changed music. These business are engaged in economic propaganda. None of the numbers support their fear and doom layoffs, the unemployment numbers have been steady or have gone down. Where is the justification for these unnecessary layoffs? Where is the investigations by the government authorities to determine the legality of these firings?
Tasty_Environment852 t1_j5egie7 wrote
Reply to The dichotomy of FT by Johs92
Stop goving coverage to layoffs; it's sick. These companies are unnecessarily cutting jobs because they want the central banks to stop raising interest rates, as they might make more money. It is perverse economics. I lived through the early 90s where every day was the media was shouting jobs cuts; the psychological scarring literally changed music. These business are engaged in economic propaganda. None of the numbers support their fear and doom layoffs, the unemployment numbers have been steady or have gone down. Where is the justification for these unnecessary layoffs? Where is the investigations by the government authorities to determine the legality of these firings?