The biggest companies are in a race to the bottom of the toilet. And how does it not hold much water? We constantly hear about layoffs in the thousands and tens of thousands, followed by those same companies applying for thousands of h1b visas.
The bottom of what? Your list of things that make you happy? While valid, that would be a whole different conversation. Companies are primarily measured by their shareholder profits. They often maximize those profits through layoffs and other non friendly means.
I don't know specifically which companies you have in mind when you say "biggest" but a quick search will reveal: "Pretax corporate profits recently reached their highest share of the U.S. gross domestic product (GDP) in history, and the combined earnings of major corporate indexes continue to break records".
You read constantly about record breaking quarters and executive bonuses. They're getting rich af! By every business metric they are in a race to the stratosphere of wealth. It's a great time to be an elite.
The biggest companies are in a race to the bottom of the toilet. And how does it not hold much water? We constantly hear about layoffs in the thousands and tens of thousands, followed by those same companies applying for thousands of h1b visas.
The bottom of what? Your list of things that make you happy? While valid, that would be a whole different conversation. Companies are primarily measured by their shareholder profits. They often maximize those profits through layoffs and other non friendly means.
I don't know specifically which companies you have in mind when you say "biggest" but a quick search will reveal: "Pretax corporate profits recently reached their highest share of the U.S. gross domestic product (GDP) in history, and the combined earnings of major corporate indexes continue to break records".
You read constantly about record breaking quarters and executive bonuses. They're getting rich af! By every business metric they are in a race to the stratosphere of wealth. It's a great time to be an elite.