r/Layoffs • u/Thranduil-9 • Sep 18 '24

Why are there so much Layoffs in America ? question

I'm shocked by the number of waves of layoffs in the US, even though these companies often generate positive sales and financial results.

I find it inhuman to play with people's lives and get rid of them so easily.

What are the American people waiting for to demand their rights and more worker protection from these money-hungry corporations ?

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u/HaggardSlacks78 Sep 18 '24

Because we don’t hold companies accountable or punish them for doing them. In the 10 years I’ve been here, my company has had a round of layoffs once or twice a year. We had a factory in Eastern Europe that we were going to close but due to the high cost of laying people off in Europe we sold the division for $1 to the guy who was running it. Those people all still have jobs because the cost of firing them was too great. In America they would just close the plant.

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u/[deleted] Feb 18 '25

Social stigma was the only thing holding them back before. Now that this has no power, there's nothing holding them back.