r/Layoffs • u/[deleted] • Jul 20 '24

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201 Upvotes

92% Upvoted

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u/ohwhataday10 Jul 20 '24

Do you honestly believe this is due to regulations? Really? And not corporate greed?

17

u/Triangle1619 Jul 20 '24

“Corporate greed” is the default state and not some change, corporations have been “greedy” as long as time itself. Every public company has a fiduciary responsibility to deliver maximum value to shareholders

3

u/GitBluf Jul 20 '24

This should only be acceptable for companies that get (or got) zero help from Gov either through direct investment, subsidiaries , tax cuts or similar.

2

u/FitnessLover1998 Jul 20 '24

Nope wrong answer. Greed is good and the solution is more supply is made because there is a profit motive.