>> Isn't it also "corporate greed" to lay people off?

>It depends. A struggling company that needs to reduce workforce to survive? No. A company worth trillions laying off en-mass because stock rates are down? Yes, probably.

>> Let me guess, if they started cutting salaries, that is also corporate greed?

>It depends. A struggling company that needs to reduce salaries to survive? No. A company worth trillions cutting salaries because stock rates are down? Yes, probably.

So your logic is that it's "greed" to cut necessary expenses even if you can afford it? Does this extend to people? If some rich wall st banker decided to cancel his personal trainer because he realized that a group class basically does 90% of the job for half the price, is that greed? Or is there some sort of double standard against corporations?

Per the banker analogy, it'd be like if the banker hired all of the personal trainers so other bankers wouldn't have access to them, give most of them nothing to do because it turns out the banker only needs one, and then fire them all once the other bankers won't be able to hire them as easily, all without any regard for the impact this strategy has on the trainers' lives and without being upfront and honest with the trainers about the strategy.

Yes, that's greedy.