People need jobs in order to pay for food, shelter, and healthcare.
Many executives feel zero moral obligation to provides jobs to people and instead treat that as a necessary evil that gets in the way of profit. As soon as that evil becomes unnecessary, they will happily lay off as many people as they can.
In aggregate, when enough executives do that, then people will not be able to find jobs.
When they can't find jobs, they are unable to pay for food, shelter, and healthcare.
People need jobs in order to pay for food, shelter, and healthcare.
Many executives feel zero moral obligation to provides jobs to people and instead treat that as a necessary evil that gets in the way of profit. As soon as that evil becomes unnecessary, they will happily lay off as many people as they can.
In aggregate, when enough executives do that, then people will not be able to find jobs.
When they can't find jobs, they are unable to pay for food, shelter, and healthcare.