Why do companies typically choose to implement layoffs affecting numerous employees rather than considering salary reductions for top executives like the CEO?

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Why do companies typically choose to implement layoffs affecting numerous employees rather than considering salary reductions for top executives like the CEO?

In: Economics

24 Answers

Anonymous 0 Comments

Because laying off employees saves more money than payouts to executives. Furthermore, it‘s these who can turn around a company, not some clerks an a counter

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