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News • 4 months 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 to

News • 4 months 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

Chat

@Telodzrum
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-50•4 months 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
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  31•4 months ago
  Inequality is up.
- @[email protected]
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  11 days ago
  Removed by mod

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