News@lemmy.world

news@lemmy.world

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Modlog

return2ozmatoNews@lemmy.world·7 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

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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

return2ozmatoNews@lemmy.world·7 months ago

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

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It’s a consolidation age.
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