Will this translate into layoffs?
8 replies (most recent on top)
Certainly
Herewe go again. Subtract another 400.
Strong economy is smoke and mirrors. Tax cuts are alreasy realized, more fat will be trimmed through site consolidation, elimination of similar roles and jacking up spans of control.
Second time in history DOW drops over 1000 points. Not normal.
http://thehill.com/policy/finance/373001-dow-closes-more-than-1000-points-lower-as-stocks-take-heavy-losses
Another -1000 get ready folks.
Doubtful. This is a normal correction. Stock volatility is all about the fact the economy is SO STRONG, no one knows how much the Fed will raise interest rates to keep inflation in check. When rates go up, business growth slows and bonds become a more appealing, safer investment, drawing money for stocks. The media will try to spin that the stock selloff has something to do with the Trump economy being weak or tax cuts causing harm somehow. All of that is silliness. Exactly the opposite is true. It's sky-rocketing GDP and wage growth that have the Fed spooked. Hang tight, the market is already rebounding as folks will start to buy low. Economic principles. Normal stuff here!
Definitely, this is the best opportunity for those newly appointed managers to show their stuff by singling out those that they think are not performing and getting rid of them, like a pole vault into management super status! Those managers are usually poor performers themselves but they do enough of the fuzzy stuff to get ahead which is really all that counts in a big organization.
Definitely, this is the best opportunity for those newly appointed managers to show their stuff by singling out those that they think are not performing and getting rid of them, like a pole vault into management super status! Those managers are usually poor performers themselves but they do enough of the fuzzy stuff to get ahead which really all that counts in a big organization.