Society needs to start unaccepting what we roll over and just take.
Companies with record profits should be shamed for layoffs.
There is plenty of cash for a responsible return to shareholders,company reinvestment,and job retention and retraining.
Society needs to start rewarding companies that reinvest in all 3 pillars.
They should absolutely face consequences. I tell everyone I know now to shop at CVS and all of them say they go to walgreeens anyway
Disagree that shaming the companies will do anything. Companies are responsible to shareholders and most shareholders are large firms that demand increasing profits regardless of what is happening in the economy. They are the actual problem because they demand profits be given to them instead of to the business. So until those people stop being greedy, nothing else matters and shaming the company would likely only lead to further sales declines which means more cuts and potentially going out of business which then means everyone is unemployed and nobody wins. Think it through - canceling and shaming is rarely the best solution
If the federal government gloats about RIFing (literally using that term publicly) employees, you better believe this will only embolden private employers to get more aggressive too.
@OP The problem is that if they don't do everything possible to maximize profits and shareholder value, the shareholders can sue the company. That's the biggest problem. They insist that people get laid off and the company does not waste money by supporting charities or giving good raises. Shareholders want ALL the money and they don;t care about anything else. Corporations like CVS kiss their @$$es but those stockholders will jump ship at the first whiff of lost profits. The people working there that are loyal to the company will not have that loyalty repaid. They'll be stabbed in the back instead by their incompetent management that have no clue how anything works and just spend their days posting feel good nonsense articles on LinkedIn that they don't even believe in. Hypocrites. Used to be a good company, now it's a festering pile or garbage. Find a local small pharmacy and use them if you can. Stop supporting for-greed corporations.
@aq Yes I have, and it was very easy. I live in one of the non-cr-p states. Like I said, complain at the State level, as that's where the vast, vast majority of employment regulation lies. Nothing of consequence happens at the Federal level anymore in a severely divided country.
Or, you could just move to one of the non-cr-p States that actually has decent laws that protect people.
@ap I guess you live in a cr-p state?
The max rate where I live is over $900 a week. The problem you're talking about is at the State level, not the Federal level. Plenty of states have very fair max unemployment rates. Sounds like yours isn't among them.
Asking for Federal legislation is a pipe dream because of how the country is severely divided, and generally how employment is regulated primarily at the State level.. If you concentrated your politics at the state level, where might actually get something done.
@ab+1k8rgfg4x also have you ever collected unemployment? Again, depending on where you live, state governors can make it reasonably easy to collect or they can make it impossible to collect.
@ab See below for a relevant excerpt straight from the Dept of Labor. A WARN notice is only required if the layoff hits a certain threshold and that notice is only 60 days which is a joke in today's labor market, where it could take 12+ months to find a new role. State unemployment is also a joke. Where I live the maximum weekly benefit (capped to 6 months, as you said) barely covers 25% of what I make at CVS.
The WARN Act requires employers with 100 or more full-time employees (not counting workers who have fewer than 6 months on the job) to provide at least 60 calendar days advance written notice of a worksite closing affecting 50 or more employees, or a mass layoff affecting at least 50 employees and 1/3 of the worksite’s total workforce or 500 or more employees at the single site of employment during any 90-day period.
@a6 Uhhh.. we DO have Federal laws that give advance notice of layoffs. It's called WARN, and requires any company with more than 50 employees 60 days advance notice of layoffs.
Requiring severance is completely ridiculous. That's why we have unemployment insurance, which gives you 6 months of benefits.
Importing people as a "resource" is the problem.
We need federal laws to protect against this sort of thing: guaranteed severance and significant advance notice of layoffs. Of course this will never happen as Americattle necessarily vote against their own self interests.
The shaming machine has run out of steam for the past 5 years or so. 'ol Shamey, as it's come to be known, is running on its last leg.
You're not going to shame a company out of laying people off. What... people are going to stop shopping at Amazon because they feel sorry for a bunch of highly paid software developers? Zero chance of that happening.
If you're tired of it, organize a union. Good luck though, tech workers have generally resisted unions because they've long felt they get a better deal by simply moving to different companies and negotiating on skills that are more rare.