| If a business does not run at a profit, it folds, and all the people there lose out. Now, of course, the scale of the profit is worth discussing. The use of the profit is worth discussing. But in general terms some profit is necessary. For example, I bootstraped a business from 0 to 50 people. We took no outside investment. We "paid" for the growth using profits. Our working capital, cash reserves, stock, equipment, vehicles etc, all come out of profits. Yes, over the years, there have been things that didn't work out. People who ended up surplus to requirements. People not suited to the role they were in. Most left amicably. Some were pushed. None of that was easy but it was necessary because just keeping unproductive (or worse, divisive) people around is bad for everyone. Running a business is hard. Firing people is hard. Comments like "people over profits" are flippant, but miss the underlying realities small businesses face all the time. Yes, there are large tech businesses out there with bottomless pockets, who hire (and fire) by the thousands. But surely those bring hired in cohorts that big understand that a wind blows both ways. It's not necessarily helpful though to apply your feelings about that to all the businesses that are not that. |