Why companies lay people off to meet goals

1.42K viewsEconomicsOther

It just seems counterproductive, removing your workforce because you want to grow more

In: Economics

14 Answers

Anonymous 0 Comments

Hey guys, we made 150 dollars today! Congrats!

Billy and Mary here’s your $50 wages each; thank god we still have 50 left, great, profit!

Fast forward;

150 dollars made again, nice!

Billy, Mary, here is your salary.

CEO: good job guys but we need to make more money to make our investors happy…

Uh… Billy, you’re fired.

Shareholders: Oh man, you made $100! Great!

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