Yeah. But the economies are going to recover right? I don't think a few more months of pay slips for 1000 people is going to make any dent in MS bank account. But it sure makes a dent in the life of people who were let go in the middle of a pandemic.
If they were not needed in the first place, then the management who hired them in the first place should be also fired for incompetence and letting them all go in middle of a pandemic.
A lot of people are hoping it will. A lot of people are even expecting it will. But you’d still be stupid to bet on it. The conservative move is to wait and see.
> If they were not needed in the first place, then the management who hired them in the first place should be also fired for incompetence and letting them all go in middle of a pandemic.
It is unreasonable to expect management to have a crystal ball into the future.
The role of serving as a safety net can only be accomplished by society as a whole, not individual business. Businesses should be able to purchase labor and not purchase labor as they see fit, just like they purchase other supplies for the operation of the business. The role of providing basic income should fall to the government.