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by whimsicalism 760 days ago
Public perception is negative because profitability is usually reached by cutting unnecessary jobs and projects in the poorly run firm. People don’t like their jobs being cut
1 comments

> Public perception is negative because profitability is usually reached by cutting unnecessary jobs and projects in the poorly run firm

I think private equity-induced lay-offs seem to create more negative PR than corporate ones, but I have no hard numbers.

(Private equity in healthcare has also been an unmitigated disaster, which obviously doesn't help its image.)