RT @DanPriceSeattle@twitter.com
A record number of companies are headed to bankruptcy. Most are doing massive layoffs and may not survive. How are there execs doing? A thread
Hertz: Gave execs $16M in bonuses, including $700k to its brand-new CEO. And it laid off two-thirds of employees
https://www.wsj.com/articles/hertz-paid-out-16-million-in-bonuses-days-before-bankruptcy-11590524331
@cybeardjm Why are people just letting them get a way with it ?
@cybeardjm People want change but seem to have lost all faith in the political system to actually fix things.
@zleap For sure. That's why I said "revolution" is needed. If we accept to go back to the same system after the Covid19 pandemic, that generated it in the first place, we're doomed. The main problem I see is: OK for a system change, but who will be in charge? The same people? Surely not! So, who? Who in the latest generations will be able to take the reins? Unfortunately, in most countries (e.g. Africa), only old sods who've been expunging budgets towards their pockets for decades.
@zleap How many want a real revolution? It's needed, but people are sheeple...