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To: Red Badger

If the merger had gone through there also would have been layoffs. That’s one of the major reasons for mergers: lower total labor costs.


6 posted on 01/30/2024 6:31:02 AM PST by who_would_fardels_bear (What is left around which to circle the wagons?)
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To: who_would_fardels_bear
If the merger had gone through there also would have been layoffs. That’s one of the major reasons for mergers: lower total labor costs.

In McKinsey speak....the proper term is 'Synergies'.

12 posted on 01/30/2024 7:07:14 AM PST by voicereason (When a bartender can join Congress and become a millionaire...there’s a problem.)
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