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Comment Re:Depends... (Score 1) 1045

It seems that those layoffs weren't so necessary, though I'd be willing to hear an explanation that put layoffs and pay raises in sync with one another.

Company is run in a very inefficent way. Management re-organizes and, through streamlined processes and automation, company can produce the same amount of output (or more) while reducing the number of people required. Management is rewarded for their efforts.

End result: fewer workers, management rewarded, increased profit for shareholders. And in fact, it's the right thing to do.

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