'Sick': Most Profitable US Companies Fired Workers, Enriched Shareholders During Pandemic

Radio Free never takes money from corporate interests, which ensures our publications are in the interest of people, not profits. Radio Free provides free and open-source tools and resources for anyone to use to help better inform their communities. Learn more and get involved at radiofree.org
Kenny Stancil, staff writer
“This is a global crisis but the big companies are not treating it as one—they haven’t skipped a beat.”
Salesforce CEO Marc Benioff (L), a signatory to the Business Roundtable's 2019 statement on corporate purpose and a proponent of so-called "stakeholder capitalism," continued to prioritize the interests of shareholders in 2020—laying off 1,000 workers despite a 28% increase in revenue compared to last year—even after vowing not to do so during the pandemic's early stages. (Photo: Steve Jennings/Getty Images for TechCrunch)