Quote:
Originally Posted by Flames in 07
Cheese, shareholders don't care about who is employed, they learned that expenses will be reduced by 400 jobs. What is wrong with that? Clearly these were 400 unnessary jobs. Those 400 people will have to learn either a new marketable skill that the economy values or find a company that values their current skill set.
Companies are for profit organizations, not daycares.
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I look at employees as being an investment and part of the companies assets. It sure looks good on them when they end up hiring new employees at great expense to replace what they already had. Shareholders seem to look at today's bottom line and not investing in the future. This will only last so long before they run into trouble.