Comment by throwaway2037
2 months ago
I am confused by this post. No trolling: You wrote "reduce". Did you mean to say/write "increase"? If you layoff people to reduce costs, then your profitability should increase.
2 months ago
I am confused by this post. No trolling: You wrote "reduce". Did you mean to say/write "increase"? If you layoff people to reduce costs, then your profitability should increase.
That’s a very MBA way of thinking.
If we extend the logic, if we have 0 employees then profitability is maximized right? Then shouldn’t every company have 0 employees?
Obviously hiring increases profitability, otherwise some of the biggest headcount companies wouldn’t have hired so many people