6 Comments

Hey all, will try to answer any questions you might have here. Please become a paid subscriber so I can keep doing this! - Ken

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It sucks but that’s the reality of letting huge non unionized corporations exist. They overhire and fire cause it’s more efficient management wise. Good luck to those let go

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Yeah that was my point - if these workforces were unionized, it would be harder to lay them off and employers would think twice before hiring people on a whim with no intention of keeping them.

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It happens at in businesses. Gf used to work as a mid level manager at amusement parks and upper management just played dumb till it was firing time. Radical legal reforms making it safe to unionize is the only solution I see fixing anything

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The other thing is even assuming it's fine for them to lay people off like this, surely they could treat them like human beings and give them a phonecall instead of a middle of the night email many people didn't even see.

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Is this supposed to be a 'gotcha!' to Janet Yellen? It appears she is merely describing something in economics.

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