Wednesday, January 15, 2014

Cycles of Doom

Cycle 1: Company pays oodles of money to executives, company has poor profit margin, so company cuts employees (and/or pay pittance), stock market approves, repeat.

Cycle 2: Companies cut employees, sub Cycle 1, market has fewer people buying products, company makes less revenue long term, repeat

<sigh>  Its just a general lack of respect for employee value.

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