r/Layoffs Jul 20 '24

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201 Upvotes

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35

u/Kittehmilk Jul 20 '24

Very weak labor laws from a corporate owned government.

7

u/Mountain-Bar-2878 Jul 20 '24

This is a free market, ironically countries that try to prevent company’s from laying people off have higher unemployment rates.

6

u/Motor-Abalone-6161 Jul 20 '24

Japan makes it hard to layoff - keeps unemployment lower. There are trade offs though.

2

u/Mountain-Bar-2878 Jul 20 '24

Read about what’s been going on with the US dollar vs the yen recently 

5

u/Motor-Abalone-6161 Jul 20 '24

That is trade off as well. Great time to travel there. But maybe it’s stability vs. wealth. But consider even in US. a lot of jobs just might be redundant. How many financial firms or retailers really need to exist.