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by cynicalsecurity
19 days ago
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> Instead, they should focus on using AI to drive revenue. There is a complete disconnect between wages of employees and company's revenue => Why aren't employees working towards revenue? What a mystery. Children, let's help Elmo solve this mystery. And then random mass layoffs to make numbers for shareholders look great in quarterly reports. Surely this motivates people work to their fullest potential and to care for company's revenue. |
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Companies with EOSP programs outperform those that do not in the market by about 17%.[0] Companies that perform layoffs, despite short-term stock boosts, underperform on a period of years showing a 14% decline in their Return on Assets (ROA) in the years following the layoffs.[1]
[0] https://www.nceo.org/employee-ownership-blog/new-study-shows... [1] https://www.researchgate.net/publication/277473996_Financial...