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News@lemmy.world · 1 year ago

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

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'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

Paywall removed https://archive.is/LF76k

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Telodzrum@lemmy.world
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1 year ago
Weird, employment is up right near full employment, real wages are up, and quality of life has never been higher by any metric.

Is this just about tech layoffs due to overtraining the workforce and excess supply? Neat.
- grue@lemmy.world
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  1 year ago
  Inequality is up.
- Fleur_@lemm.ee
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  Removed by mod

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