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1 posted on 09/25/2011 4:18:03 PM PDT by AfricanChristian
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To: AfricanChristian
I know this will come as a complete shock to the Big Government pimps at the Guardian but CEO's are rewarded for cleaning out dead wood and improving and strength of their companies.

I know that is completely foreign idea to the "change nothing ever unless it means more gimmes from the government" mindset of the Progressive Fascist. Too bad for them that is how the real world, outside their living quarters in their parent's basement, works.

2 posted on 09/25/2011 4:22:26 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: AfricanChristian

Lib media mad businesses not hiring to help Zero.


3 posted on 09/25/2011 4:23:35 PM PDT by nhwingut (Palin '12... Accept No Other)
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To: AfricanChristian

To be fair, very few people believe in raw unvarnished capitalism unfettered or unshaped by social, spiritual, and ethical mores. Capital is a wonderful servant but a horrible master. CEOs themselves confess that their position hems them in to the duty to grow the business for the sake of the stockholders, though the heavens may fall on account of the measures taken, and say that moral guidance has to come from somewhere else. In European tradition, CEOs’ pay is at least an order of magnitude less than at US companies, and they don’t go hopping all over the place even among the most successful enterprises.

I don’t know what the moral of the story is.


4 posted on 09/25/2011 4:29:13 PM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: AfricanChristian
Not all Lundgren's employees were quite as well rewarded as he was – some 4,000 of the 38,000 Black & Decker worldwide workforce were projected to lose their jobs.

With layoffs imminent, a Merck memo uses these 12 euphemisms for job cuts

Merck (MRK) president Mark Timney recently sent his U.S. employees a memo which contains at least 12 different euphemisms for the company’s planned job cuts and layoffs in October, but doesn’t actually mention the words “jobs” or “layoffs.”

“reducing our expense base.”
“manage our expense base”
“vacancy management”
“restructure”
“removing more open positions”
“necessary actions”
“we cannot promise the avoidance of such activities.”
“restructuring exercise”
“affected employees”
“the people who are directly affected.”
“the need for us to change our underlying operations”<.p>

6 posted on 09/25/2011 4:39:27 PM PDT by MamaDearest
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To: AfricanChristian

There would be fewer layoffs, and the laid-off would be able to find better replacement jobs quicker, if the socialists were not trashing the private economy.


9 posted on 09/25/2011 4:59:12 PM PDT by Socon-Econ (Socon-Econ)
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To: AfricanChristian

Harry, Nancy and Obama pass socialist laws that make it unprofitable to hold- much less hire- employees.
...Then their minions attack the companies.

It’s a two-fer!


10 posted on 09/25/2011 5:02:33 PM PDT by mrsmith
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To: AfricanChristian

I know about this from my town. B&D went on a buying spree, merged companies doing the same work and reduced cost and employees. It ain’t pretty, but it was needed. One of the companies they closed here was immediately bought and is still in the business of making air compressors.


11 posted on 09/25/2011 5:16:18 PM PDT by Figment ("A communist is someone who reads Marx.An anti-communist is someone who understands Marx" R Reagan)
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To: AfricanChristian

I know about this from my town. B&D went on a buying spree, merged companies doing the same work and reduced cost and employees. It ain’t pretty, but it was needed. One of the companies they closed here was immediately bought and is still in the business of making air compressors.


13 posted on 09/25/2011 5:22:15 PM PDT by Figment ("A communist is someone who reads Marx.An anti-communist is someone who understands Marx" R Reagan)
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To: AfricanChristian
"give much back to the public"

Damn commie rhetoric. All they worry about is "give back."

I'm sure B&D managed their affairs wisely to minimize their tax liability and maximize shareholder value. The board, management, and the employees work for their owners, ie, the shareholders. They do not work for "the public" or "the government."

I get all I need from B&D by having them deliver excellent products at affordable prices when and where I need them and backed by good warranties. What more can you ask of a company?

14 posted on 09/25/2011 5:24:52 PM PDT by ProtectOurFreedom
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To: AfricanChristian

The game is rigged. My IT dept is cut too so few staff that we are working 45 and 50 hour weeks and almost every weekend for FREE! No raises, we are not paid for the extra time we put in and no bonus for the extra time. Free money for the “shareholders”, who sit on their ass and collect the money. The people doing the work deserve a cut of the “profits” too!


17 posted on 09/25/2011 7:04:04 PM PDT by Plumres
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