consolidate expenses for long term planning.

Sorry, I dont speak corpo. I had a company myself for 7 yrs. There is no excuse for laying off people while making profits as long as they’re doing their job ok and you‘re not in a rough situation as a company.

The ease with which american companies can get rid of their employees is disgusting.

Especially people from the US and young people dont seem to know that companies are not supposed to make profits every year. Listening to nowadays business news is like „company xyz made 3% less profit than last quarter. Record layoffs coming!“

I‘m glad that this isnt sustainable and i‘m sure it will implode. Waiting for it every day.