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What do you expect them to

What do you expect them to do? The demand for their product is down, their revenues are down, and they need to cut costs. If production has slowed, they need fewer employees. They would be stupid not to cut their workforce. After all, a business exists to make money. If a business is losing money and has more employees than they need, they will either need to cut costs or go out of business. If that happens, none of the employees or stockholders will make anything.


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