Corporate Layoff Culture

The conversation dives into the troubling shift in corporate culture, where profit maximization overshadows employee welfare. Yowei highlights how historical figures like Milton Friedman and Jack normalized layoffs as a business strategy, leading to a current environment where job losses are commonplace yet still troubling. Despite the perception of a crisis, experts suggest that the frequency of layoffs isn't unusually high, though sectors like media, tech, and professional services are feeling the impact more acutely.