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In response to
"To a larger point, Kim and I were having a conversation about personal responsibility. "
by
David
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An individual’s personal wealth is not a company’s personal wealth. I.e. Bill Gates isn’t Microsoft.
Posted by
Mop (aka rburriel)
Mar 21 '20, 23:22
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If we’re talking especially a publicly traded company, it is exclusively the responsibility of the leadership to be profitable for the owners of the company (the stock holders) and if you don’t do that, you get fired and they replace you with other leaders who will do exactly that.
A lot of businesses laying people off do it so the employees can claim benefits from the government. And those employees will be rehired when they’re open again. I don’t think any company has an obligation to keep paying employees when they’re not working. It’s the responsibility of the government to provide for those people. The problem is that, unlike most countries, the United States does a piss poor job of providing for those out of work employees.
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Responses:
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