this post was submitted on 30 Sep 2024
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Now they can replace them without paying unemployment and pay the new workers a lower wage. This is what they wanted to happen. Mega corporations are a problem we need to solve as a society.
yeah, the only problem is that this results in the best talent leaving, you're stuck with people who have nowhere else to go. it's one of those short-term profits kinda things, which is why Wall St loves it so much.
They have a name for it: Dead Sea Effect.
Ooh, that's good.