chapotraphouse

at this point, the ideal corporation has no workers or locations or product, but is merely rent collection.

That's like 20% of the fortune 500 at least. The rest are hybrid rent collection and mass layoffs.

Another thing is that they realized coordinating layoffs works well because it lets them re-hire the same people on new terms without giving them a chance to organize it negotiate.

Plus a lot of companies in the West are primarily administrative at this point, so the value comes mostly from someone else's labor somewhere else and the western admin worker is getting a cut of that person's surplus, which means firing tons of them leaves more for the capitalist until the administrative system starts to crumble do to lack of productive labor.