Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Trim Costs
(variety.com)
from L4s@lemmy.world to technology@lemmy.world on 13 Feb 2024 20:00
https://lemmy.world/post/11919910
from L4s@lemmy.world to technology@lemmy.world on 13 Feb 2024 20:00
https://lemmy.world/post/11919910
Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Trim Costs::Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide as it looks to trim costs.
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Trim costs to give himself and stockholders more money FIFY
Costs almost always means peoples’ jobs. Stockholders are almost always rich. So the title is really “Takes away peoples’ livelihoods to make rich people more money.”
But if we just cut taxes for the rich, they’ll create more jobs. It’ll trickle down eventually, right? Right?
Workers are also the ones creating value for the company. This is like cutting off your leg so you can say you lost weight.
Don’t forget it saves you 50% time of putting your pants on in the morning! - Some CEO probably
It should be illegal to fire workers to trim costs when your packages make you a multimillionaire.
He should trim down himself first and then his salary as well.
Eat the rich!
That’s one fat meal
Sounds like they need to trim the CEO
It’s a good thing we haven’t Raised Wages or Taxed the Rich! Otherwise they might Lay People Off!