If arbitrarily cutting everyone's pay in half helps the company make more money wouldn't it....?
Why not?
Sounds good to me, if they can get the same quality product with workers paid half as much.
It’s not arbitrary: it’s good business sense.
The job market is like any other market. Supply and demand. If they can cut wages in half and still find people willing to do the job, they should. In a free market, some competitor will attract better talent by offering higher wages and a better product. If you don’t like the reduced wages, get a better job.
You really are a closet lefty, aren’t you?
Go get Adam Smith’s Wealth of Nations to learn the importance of those “corporate weenies” accumulating wealth. It’s what drives the job market, NOT higher wages.
Absolutely no reason why not. Then all they have to do is find a skilled specialized workforce to replace those that get mad and quit, and will accept the lower pay. Not a good business decision and a quick way to go out of business.
Give it up, your ignorance of good business practice and class warfare posts are embarrassing you.