Comment by toomuchtodo | Hacker News Reader

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Comment by toomuchtodo | Hacker News Reader

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https://www.usatoday.com/story/money/2023/08/25/t-mobile-lay... (T-Mobile to lay off 5,000 people nationwide, after Sprint merger promised more jobs)

https://www.reuters.com/business/media-telecom/t-mobile-anno... (T-Mobile US announces $19 bln shareholder return program)

https://apnews.com/article/amazon-layoffs-jobs-cuts-jassy-0e... (Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000)

https://www.seattletimes.com/business/amazon/amazon-reports-... (A year after historic loss, Amazon posts $6.7 billion quarterly profit)

It's almost as if corporations only care about their shareholders and give zero shits about their employees.

I always thought this was obvious. That’s why we need regulation.

This is also why we need unions.

what regulations would you propose?

Take a look at worker and consumer protections in the EU and you'd be heading in the right direction. Or what we used to have. The minimum wage was original a living wage. Specifically it was designed so the worker was doing more than just surviving.

> worker and consumer protections in the EU and you'd be heading in the right direction

Youth unemployment rate in France was 17-18% in 2022. Even today, it is 16% - https://tradingeconomics.com/france/youth-unemployment-rate

Seems like existing workers are being protected at the cost of new entrants. Utterly predictable, since companies will be hesitant to set up shop in France because of onerous process of firing low performers.

Doing away with at will employment would probably be a good start.

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