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Next up: Bloomberg Business News

Discussion in 'Journalism topics only' started by 2muchcoffeeman, Feb 5, 2009.

  1. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    http://www.nytimes.com/2009/02/05/nyregion/05bloomberg.html
     
    2muchcoffeeman, Feb 5, 2009
    #1
  2. Drip

    Drip Active Member

    I'm really starting to believe that the vogue thing to do now is lay people off. Damn.
     
    Drip, Feb 5, 2009
    #2
  3. SixToe

    SixToe Well-Known Member

    I completely agree.

    I believe some companies are laying off 10 or 15 percent because they can blame the economy and get away with it.
     
    SixToe, Feb 5, 2009
    #3
  4. Joe Williams

    Joe Williams Well-Known Member

    Can't all these business geniuses get it through their heads that their "labor costs" are the next businessman's customers? And his "labor costs" are the first slob's customers? And so on?

    They want to pay Third World wages, often literally, and sell at top-dollar U.S. prices. They also want to take home 500x what a front-line worker earns, until they golden-parachute out.

    How's this working out for all of us?
     
    Joe Williams, Feb 5, 2009
    #4
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