That’s not a stable environment for people to live in.
No need to pretend like I’m an idiot. You know exactly what I meant.
Yes, and?
You're describing the state of things and the law as if that makes it a good thing and an optimal situation. It's neither.
All kinds of very good things were no legal obligation for businesses to perform (like no obligation to not use child labor, or to have filters in your factory's chimneys), and all kinds of very bad things were an obligation for businesses to do (like seggregated areas), at different times.
If they want to, Microsoft employees could unionize to make sure the company can never fire any of them, but of course that would mean saying goodbye to all those juicy jobs with compensation packages that make big-tech and the US attractive places for lucrative business in the first place.
Nobody forces you to choose to go work at Microsoft or any big-tech that focuses on pleasing Wallstreet. People go work there because they chase wealth building and that comes with higher risks. You can go work at your local mom & pop SW shop if you want a cushy job for life. Of course you won't get a 400k TC package to buy that dream house either.
Only the comparison, based on the part I quoted and replied to, wasn't about merely laying off some people. It was of maximizing shareholder value - of which this, and treating employees as disposable in general, is just one of countless examples.
And whose results, in aggregate, are comparable, if not worse, than child labor.
>You can go work at your local mom & pop SW shop if you want a cushy job for life. Of course you won't get a 400k TC package to buy that dream house either.
It's as if you're talking about some imaginary universe, where mom&pop SW shops are squashed by Big Tech in all kinds of ways, and where regular shitty jobs, with no "400k TC packages", from Walmart stuff to diaper-wearing Amazon warehouse workers, and countless others, are not also treated like disposable "human capital" and fired without second thought even when those companies make record profits.
How are they treated as disposable? Should companies never let people go ever once they hire them? How would that ever work?
Even in Europe many companies had layoffs and some are still laying people off as we speak with plans all the way till 2026. It's how private businesses work, they're free to adjust their workforce numbers as they see fit, they're not a charity to guarantee people life employment.
>And whose results, in aggregate, are comparable, if not worse, than child labor.
Yeah being a laid off Microsoft employee with that generous severance package, is worse than being a slave child in Bangladesh.