Wonder how much this a$$clown owner of a failing newspaper pulled down last year.
The treatment of workers by American corporations has been worse — far more treacherous ...
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Nothing compared to what Bambi is doing to the world.
Good to hear things are better. I’d like to get some of those things.
Ping
“I’ve never seen anything like this,” said Andrew Sum, an economics professor
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What a riot! Instead of asking someone who RUNS a corporation and discovering the tremendous uncertainty created by Obambi, they’re asking an ivory tower academic who may well have never had a real job in the private sector in his life.
Wonder how much this a$$clown owner of a failing newspaper pulled down last year.
Where do you sit, communist Berkeley?
When jobs can be cut, they should be cut. Efficiency is what keeps corporations alive, not pandering to employees.
Companies bear their primary responsibility to their shareholders; their secondary responsibility to their customers and a distant tertiary responsibility to their employees. Companies do not exist as employment wells for the good of the community.
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Where do these people come from? Corporations exist to earn a profit for the owners (investors). They are not welfare institutions. When demand for products is down, it follows that the need for workers to produce is down, and the income needed to pay the workers is also down. Consequently, a corporation has two choices, continue paying unproductive workers even if through no fault of the worker, or continue to pay under producing workers until the corporation goes bankrupt. Assuming the corporation has funds available, they have the choice of drawing down those funds to pay unneeded workers, or retaining the funds for future capital investment when the economy improves. To draw down cash reserves for benevolent payment of salaries is ultimately self destructive for the corporation. By way of a disclaimer, we had to let go half of our workers, the last thing we wanted to do, but absent spending for capital investment by business, and a reduced demand for support services, we had no other choice. For the time being we are not betting on the future given the current political environment.
Hey Slimes, look around - - - it’s happening to you too.
However, at least those other workers have skills and can be rehired as soon as we have the revolution and send both you and our democrat “leaders” to the guillotine.
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The bottom line is that you don't own the company, and aren't entitled to any of the gains. Nobody owes you a living. You didn't sacrifice a damned thing. You may have worked for less pay, worked less hours, and had fewer benefits, but you presumably were paid for your work.
Sorry about your luck, but hey, my hours were cut too, I haven't had a raise in two years, and I proudly keep on keeping on because I've watched 40 percent of my customers lose their businesses and others are hanging on by the skin of their teeth. Tell us again about how it's not fair now that things are better. For who?
It's not my companies fault that the economy died and that manufacturing is closing it's doors left and right. Talk to Mr. Obama, Harry Reid and Mz Pelosi about that one.
Seven fat years...Seven lean years...
Seems the only thing we’ve learned from that incident is to vote for politicians who’ll raid those who were thrifty and smart, and redistribute their stuff to us fools who weren’t.
The treatment of workers by American corporations has been worse — far more treacherous — than most of the population realizes. ... Many of those workers were cashiered for no reason other than outright greed by corporate managers.
Why those evil bast**ds!
How DARE they think of PROFIT and watching out for their shareholder's investments.
The filthy capitalist PIGS!
Down with the Bourgeoisie.
Up with the Proletariat.
Workers of the world, Unite!
Obviously you need to start your own business so that you too can start exploiting workers. Let us know how it goes, and whether you were able to keep your house.