[ffsm8]

Ultimately, all actions multinational companies take are rooted in greed.

Questioning that feels a lil naive?

Are you honestly of the opinion that big tech isn't primarily motivated by money and is instead being run like a family business with an upstanding owner that has the well-being of their employees at heart?

[wahern]

Being motivated by money isn't greed. Per Merriam-Webster, greed is an "excessive desire for more of something (such as money) than is needed". The key qualifiers there are excessive and more than is needed. How do we determine what excessive employment is?

I'm not even sure how companies can be greedy. Many animals will gorge themselves on food far beyond what they "need" in the moment. There's nothing guaranteeing their next meal, so it's an adaptive strategy. In a competitive free market, growth is a survival strategy. Companies can and do die when their old sources of revenue decline and they failed to discover and grow new sources. Not only do they lose out on profits, but they have to fire employees. Avoiding or minimizing layoffs and the toll they take on lives is absolutely something many executives and managers have in mind, even at large corporations, when running a business.

We don't normally ascribe greed to animals, and it doesn't make much sense to do so for corporations, particularly commercial corporations. But to the extent we can equivocate the entity and the people who manage it, underlying motivations are mixed, complicated, and varied.

And I'd argue that not all corporations, even multinationals, are similarly aggressive and "ruthless", so clearly there are complex social dynamics beyond profit maximization. Corporations aren't moral agents in the same way we consider people, yet they're not pure profit maximizing automatons, either.

[ryandrake]

> Being motivated by money isn't greed. Per Merriam-Webster, greed is an "excessive desire for more of something (such as money) than is needed". The key qualifiers there are excessive and more than is needed. How do we determine what excessive employment is?

Turn it around. How do we determine what "enough" is? Ask any business person who is beholden to shareholders to define "enough" and they will tell you there is no such word.

[Paratoner]

> How do we determine what excessive employment is?

Idk perhaps we have a slight hint in the tens of thousands of workers Microsoft _alone_ has laid off in the past year? I'm sure there is no way to intuit that big tech has indeed been over hiring with a clear disregard for its individuals beyond their utility at fixed points in time.

[klik99]

Yeah, the parent comments feel confused, it's kind of a truism that corporations make decisions based on greed. Capitalism, at it's best, tries to align personal/corporate self-interest with the interests of society. If you can't beat 'em, try to direct their interest towards things that benefit society. Keyword here is "try", I mean it's better than feudal lords pursuing self interest by constantly killing each other. The article does a good job of showing how that drive has really made a mess of the job market, and criticizing it because it blames all this stuff on corporate greed is really confusing since both critics and proponents of capitalism agree corporate decisions are all driven by self-interest, they just disagree on the outcomes.

[tickettotranai]

If anything, I take corporate greed as axiomatic. Saying something happened because of it is stupid. There's no information in it.

And hey, look, turns out the article was AI slop generated to make the front page of HN.