• DreamlandLividity@lemmy.world
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    edit-2
    3 months ago

    No, I am saying that often, company may need to downsize to remain productive. For example, lets say we have a company that makes headphone jacks. For obvious reasons, they are no longer able to sell as many as they used to, but maybe half.

    The company now needs to layoff half the workers. Is the elected CEO going to promptly do it? Or will he delay it and causing both financial damage to the company and productivity damage to the economy?

    And also, do the fired employees still get to vote? Is just firing malcontents the tyrant CEOs weapon?