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by TangoTrotFox
2743 days ago
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The article's headline and its content paint different pictures, with the title really just being clickbait. They're not laying off individuals but paying them to leave including upwards of a year of salary, a bonus, and maintaining benefits. And it was voluntary -- not 'pink slipping.' I don't really think you can attribute this to the tax breaks, but if you can - then this would be an immense positive. Employee turnover is already very high pretty much everywhere now a days. Getting paid a year of salary, and more, to agree to leave? That's something I think the vast majority of workers would be absolutely thrilled to be offered. It's a potentially life changing offer giving somebody a chance to carry out any entrepreneurial fantasy they have, to get a fat head start on the joy of compound interest, or simply spending a year with bikinis, booze, and beaches if that's your thing. |
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Imagine you’re a 50 year old employee with a kid in college. Would you be thrilled to accept a year of salary with limited job prospects? What jobs do you think will be the first to be cut?
Don’t try to sugar coat it - when there are lay-offs (voluntarily or not), it’s rarely a positive for the majority of affected employees. And this in no way should be considered a positive effect of the corporate tax cuts.