Assuming output is the same in both cases, this is wrong. If a company is making $10 million in profits, is it better for society if they spend $9 million hiring people to dig ditches and then fill them in? No, because those people could be doing something else that is actually useful.

Why so? I think it would better if everyone were in a productivity maximizing role, not busywork.

is *

Geez I wrote everything wrong

a company that has low profit and many employees is a lot more beneficial for society than the opposite