Even if layoffs are the correct decision now, the company playing fast and loose with over expansion and thus their employees is absolutely worth criticizing and protesting over.
The company with billions of dollars in the bank will have teams of people assessing risk management. But apparently those assessments didn’t address the human risk of over hiring tens of thousands of people to such a degree that they ‘need’ to dispose of them at the first sign of trouble.
Other sectors of the economy didn’t see such drastic layoffs so they can’t claim it’s a widespread and unforeseeable problem. They made a risky bet that had a real human cost, and people are right to wonder what’s the point of mega corps if they’re not any better at this than a small or medium business.
The company with billions of dollars in the bank will have teams of people assessing risk management. But apparently those assessments didn’t address the human risk of over hiring tens of thousands of people to such a degree that they ‘need’ to dispose of them at the first sign of trouble.
Other sectors of the economy didn’t see such drastic layoffs so they can’t claim it’s a widespread and unforeseeable problem. They made a risky bet that had a real human cost, and people are right to wonder what’s the point of mega corps if they’re not any better at this than a small or medium business.