this post was submitted on 10 Oct 2025
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[–] stoly@lemmy.world 11 points 3 weeks ago (2 children)

It's that nobody retires anymore. There's no space for people to move into. Companies already have their needed roles filled and are not expanding. Basically the population has saturated the market and here we are.

[–] Verdorrterpunkt@feddit.org 10 points 3 weeks ago (1 children)

... Which would call for a reduced workday, as there's obviously too much labour available.

[–] stoly@lemmy.world 9 points 3 weeks ago (1 children)

You'd think, but billionaires need more billions.

[–] Verdorrterpunkt@feddit.org 5 points 3 weeks ago

More trickle-down it is, then!

[–] kent_eh@lemmy.ca 2 points 2 weeks ago (1 children)

It's that nobody retires anymore

Within a year after I retired my former employer laid off hundreds of people. (And they didn't re-hire my position, they just spread my former duties among others who were already in the department)

It's not the lack of retirees that is the major problem here...

[–] stoly@lemmy.world 2 points 2 weeks ago

That’s fair enough