Since 2009, the fortune 500 have TRULY lived up to their name. They TRIPLED their profits to just over 3 BILLION dollars. Now I'll bet your thinking "Man I need to work for one of them big boys", guess what, you would be wrong.
While the fat cats were racking in profits at a record clip, they were firing people even faster. Since 2009, the fortune 500 are over 800,000 jobs lighter.
Yes they give valid reasons (Lack of demand etc), but the unvarnished truth is that they fired people over 45, and used that savings to boost the bottom line. Why people over 45? They make A LOT of money.
IS this illegal?
No, but it just ain't right