Yes, I briefly considered that idea and immediately discarded it. It would only make any sense at all in industries where the cubicles were a big part of the costs and margins were thin.
I'd say most industries do not match this description, and that most of the increase in the S&P500 over the last 40 years was due to real revenue growth, not cost cutting
I'd say most industries do not match this description, and that most of the increase in the S&P500 over the last 40 years was due to real revenue growth, not cost cutting