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News@lemmy.world · 8 months ago

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

cross-posted to:
aboringdystopia@lemmy.world

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'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

return2ozma@lemmy.world to

News@lemmy.world · 8 months ago

cross-posted to:
aboringdystopia@lemmy.world

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

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BastingChemina@slrpnk.net
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8 months ago
Yeah, historically this kind of period is usually followed by a period of trickle down.

The heads start to trickle down from the higher classes to the lower ones.

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