On Friday 11 November 2005 04:55 pm, jfweber@bellsouth.net wrote:
IN a tightening economy the first thing companies seem to do to make Wall Street happy ( and keep their stock prices up ) is at least announce a lay off. Which of course sounds good to those * Street* folks thinking that the "fat" is being trimmed.. It isn't middle management usually is safe, upper management is Sacrosanct and can't be touched .. that leaves secretaries, and the grunts.. ( you know, those of the rest who work for their living ;-D )
This is the (new) American way.
Two or three of the upper middle management or top management would save the company the same dollar amount. Especially if you include those absurd Golden or platinum "parachutes" But the logic of not getting rid of those idiots is, they would have to hire someone else at about the same money
Why? I suspect it has more to do whit the "I could be next" fear. Greed before honour.
.. and better the dog you know, I guess..
In Japan they kill themselves when they fail. Steven