Hacker News new | ask | show | jobs
by swixmix 1238 days ago
The government incentives were based on employees.
2 comments

Wow. That makes it even more horrible. So they did it to get PPP money - the public's money - and now they are dumping the very people who paid them that money. ~160,000 people laid off means up to ~500,000 people involved when you count in the families, relatives etc. This feels more like theft than anything else when you count in the PPP - they took taxpayers' money, they ate it with stock buybacks etc, now they are dumping those taxpayers...
Oh wow. I didn’t even know they went for PPP programs. Crazy.