I mean I agree with you in principle but that doesn't change the fact that as a CEO you are in danger of losing your job if margins compress that much and you don't make a show of doing something about it. Keeping margins up is kind of important if you want to be able to invest in new products and markets and survive as a company into the next generation.
Edit: I was talking about the comment above me conflating wanting higher margins with belief in infinite economic growth. I wasn't making a statement about the morality of Ericsson layoffs nor do I have any insight on their financials. I was simply observing that margins seem to be a thing that investors care quite a bit about.
Edit: I was talking about the comment above me conflating wanting higher margins with belief in infinite economic growth. I wasn't making a statement about the morality of Ericsson layoffs nor do I have any insight on their financials. I was simply observing that margins seem to be a thing that investors care quite a bit about.