It's not about managers, there are nice ones for sure. I like my direct manager a lot. It's about the capitalist on top, who, when the times get rough, still tries to extract the most profit rather than actually reinvest some of the capital back into the business and keep people employed. This is unavoidable under capitalism.

[–] monkeyman512@lemmy.world 1 points 1 week ago (1 children)

Yes, I accept that is the nature of the beast for a publicly traded company. But I have not heard stories about my company playing stupid games like that. Probably because they are big enough that it would create legal risk and they know they will probably want to rehire some of the people getting layed off some time in the future.

[–] MasterBlaster@lemmy.world 2 points 2 days ago

This more often happen in companies owned by private equity. They don't have to report anything to anybody or worry about shareholder revolts.