Millionaire Calls for Mass Layoffs to Teach Workers Humility, Faces Backlash
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Millionaire real estate tycoon Tim Gurner said 270,000 Aussies need to lose jobs to show "arrogant" workers their place and fix productivity.
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He called for 40-50% unemployment jump from 3.7% to 5.6% at Australian Financial Review event.
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Says workers now feel "extremely lucky" to have them vs employers lucky to have workers, wants attitude "killed."
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Faces backlash from lawmakers like AOC who cite his comments as example of skyrocketing CEO-to-worker pay ratio.
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Apologized saying he regrets insensitive comments that lacked empathy for affected families.