I worked at a big company until i got laid off recently, i saw the efforts they made to save jobs. they eliminated 401K matching, reduced hours, suspended raises & bonuses, all before doing any layoffs. The company was losing huge money when it laid off people. at least i can look at my employer & say they did everything they could to save my job before letting me go.
But if you work at disney, they will fire you just to keep making money.
My point is not about capitalism. Yes companies are free to fire at will, whenever they want. But there is a concept of corporate responsibility that is necessary for capitalism to work without government takeovers/bailouts. We are living in an age where corporate leaders think only of themselves. So we have corporations that are selling fraud mortgages, creating energy crisis (remember cali?) selling toys from china containing lead, food full of salmonella, etc.
in that context, i think its disgusting that a large company that takes in billions in profits anually is firing employees while it is making money. In light of the woes of travel, hotels, vegas, for disney to bring in a $600 million profit last quarter is quite an accomplishment. But when its done by firing the people that run the company, maybe its not such an accomplishment after all.
|