U.S. companies criticized for cutting jobs rather than investor payouts

) have all laid off staff, cut their hours, or slashed salaries while maintaining payouts, according to a Reuters review of regulatory filings, company announcements and company officials.

“We continue to take decisive actions to protect financial and liquidity positions,” Royal Caribbean spokesman Jonathon Fishman said. He declined to comment specifically on the layoffs or shareholder payouts. “If companies are paying dividends and doing buybacks, they do not have to lay off workers,” said William Lazonick, a corporate governance expert at the University of Massachusetts.

About 95% of its U.S. restaurants are run by franchisees who decide staffing. McDonald’s said it was offering rent deferrals and other help to keep franchises open and employing workers.

. has been allowed to remain in China, while the .nytimes .washingtonpost & WSJ were kicked out. Believe nothing from Reuters

Is this called... Greed? 🤔

Why are we surprised? Isn’t this what the big “job creators” did the last time, too? Trickle down economics doesn’t work. It never has & it never will because greed is at play.

Do you still like Gordon Gecko today?

trumpcrimefamilyforprison

'The American Way'

These companies need to have investors, they must think about the future of their business. More jobs will be created when things turn around, but investors will hold a grudge))

🤔 I wonder if we could have seen that coming...

.oyorooms ...

Shareholders Employees. Sadly, This is Capitalism 101.

Hello, I'm shishir Ahmed. I am a certified Google AdWords PPC expert with 2+ years PPC advertising experience.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Job losses could hit 47 million due to the coronavirus—these are the companies hiring remote workers todayThough finding a job in the midst of a pandemic is far from easy, job-search site FlexJobs has created a list of 18 companies hiring for remote positions today. MakeIt Due to the ChineseVirus. Fixed it for ya MakeIt Jeez... MakeIt Plenty of jobs out there snowflakes your opera singer in a restaurant job dream is over amazon and pizzahut is hiring. Plenty of gravedigger positions and body bag manufacturers to be filled!
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow rises 1,200, up 20% from low, Yellen's shocking forecastStocks ripped higher to start the holiday-shortened week as a combination of positive headlines eased investor angst after last week's abysmal March jobs numbers. They should say it doesn't make sense... Unless they tell the truth that the FED is manipulating EVERYTHING, who cares what lies they continue to spew.
Source: CNBC - 🏆 12. / 72 Read more »