Posted by NE IA on January 26, 2009 at 08:26:28 from (206.72.18.153):
In Reply to: Re: Cat laying off posted by Casey in Ky on January 26, 2009 at 07:48:32:
A neighbor kid went to the business school, and I asked a simalar question to him.
In simple terms if you raise chickens for food and you only sell half as many as you raise, you best eat chicken yourself, if that don't help, then you need to eat the eggs before they are hatched.
Kinda like why should they have all the extra labor to make products that aren't selling right now. I would not rule out that a bordering country that only exports ilegal humans may be in the big picture.
Profits are profits in big companies, labor is only a number with a name behind it. Who knows, the next step might be to lay off the CEO and all upper managment......Ok that is a long shot, and alot of the problems.
But we have seen this in neighboring towns, chopping managment positions with a sharp axe. Never the upper limbs on the tree however, they get the axe by not getting as big a bonus as they expected.maybe I should have read the other replies before I posted this. Perhaps this has been covered already.
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