The reason people are complaining is because the in current capitalism:
- Shareholders are given a preference over labor
- Executives continue to print shares for their own compensation. Like a food chain, the years/decades of value is being sucked off by shareholders and execs without adequately compensating the people who built it. No, the handful of shares given to engineers doesn't cut it when they were the one who toiled to make it happen.
This system is not rewarding workers appropriately. That's the root cause.
If employees continued to get residuals/printed stocks after losing their jobs, they'd feel more ok with such mass layoffs where value is sucked by some at the expense of others.
- Shareholders are given a preference over labor
- Executives continue to print shares for their own compensation. Like a food chain, the years/decades of value is being sucked off by shareholders and execs without adequately compensating the people who built it. No, the handful of shares given to engineers doesn't cut it when they were the one who toiled to make it happen.
This system is not rewarding workers appropriately. That's the root cause.
If employees continued to get residuals/printed stocks after losing their jobs, they'd feel more ok with such mass layoffs where value is sucked by some at the expense of others.