at this point, the ideal corporation has no workers or locations or product, but is merely rent collection.
That's like 20% of the fortune 500 at least. The rest are hybrid rent collection and mass layoffs.
Another thing is that they realized coordinating layoffs works well because it lets them re-hire the same people on new terms without giving them a chance to organize it negotiate.
Plus a lot of companies in the West are primarily administrative at this point, so the value comes mostly from someone else's labor somewhere else and the western admin worker is getting a cut of that person's surplus, which means firing tons of them leaves more for the capitalist until the administrative system starts to crumble do to lack of productive labor.
That's like 20% of the fortune 500 at least. The rest are hybrid rent collection and mass layoffs.
Another thing is that they realized coordinating layoffs works well because it lets them re-hire the same people on new terms without giving them a chance to organize it negotiate.
Plus a lot of companies in the West are primarily administrative at this point, so the value comes mostly from someone else's labor somewhere else and the western admin worker is getting a cut of that person's surplus, which means firing tons of them leaves more for the capitalist until the administrative system starts to crumble do to lack of productive labor.