instead of constant cuts and reorgs? I know, I know - it’s hard! It requires competence, knowledge, effort, people skills, management skills, and the capacity for vision. Why not instead run a get-rich-quick scheme, employees and company be damned. It doesn't matter that business is big, bad decisions affect the whole economy. When sh-t hits the fan, they’ll scream “too big to fail!”, and get socialism for the rich.
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We are running a sound profitable business. We have regular quarterly earnings and we regularly trim jobs based upon performance. And yes, we also hire in India and Poland as we get more productivity per dollar. It’s not pleasant to work here, it’s actually toxic… but we are profitable.
The real question is why do the lifers stay here?
You’re mixing it up with Socialism, where 1% own 99% of all wealth.
Privatize profits, socialize losses. Good ol American capitalism.