alt Hacker NewsThat’s why I said “many parts” and not “all.” I wouldn’t want to pick up a good number of their practices, but I think a company seeing layoffs as an embarrassing last resort is a positive trait.
I also think that concepts like debt to GDP ratio are somewhat detached from corporate policies.
Replies
andsoitis • today at 3:19 AM
> but I think a company seeing layoffs as an embarrassing last resort is a positive trait.
Don’t most companies think of layoffs as a last resort? I don’t think one ought to be embarrassed about correcting course when you have made a mistake. It takes courage.
➕ show 1 reply
> I also think that concepts like debt to GDP ratio are somewhat detached from corporate policies.
Corporate policies ultimately decide growth. More growth leads to higher profits and higher tax collected by the Government which in turn means they don't have to borrow more.