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To: usconservative

Laying off excess workers is NOT causing damage. It is how capitalism works. Corporations are not there for philanthropic reasons. That objective belongs to religious institutions. Culling of dead wood and excess employees is how prosperity continues. Japan tried no-layoff policy for decades, and their economy is now suffering for multiple decades.

It takes guts to layoff people and it is never pleasant. But it has to be done if business conditions demand it. I had to do it myself a few times because we were in a cyclical business. In the long run, it benefits because the corporation survives instead of going bankrupt. Arguably HP avoided going bankrupt due to CEO Fiorina’s actions. I know first hand the debacle in NASDAQ stocks during the Fiorina era.


83 posted on 05/28/2015 10:07:21 PM PDT by entropy12 (My Fearless forecast for Iowa Caucuses: Walker will win with a big margin.)
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To: entropy12
Laying off excess workers is NOT causing damage. It is how capitalism works.

The only reason 30,000 people got laid off is because she f'ed up the merger, and tried making both HP and Compaq something they were not.

Are you on her payroll or something? You seem to completely ignore facts and carry her water.

101 posted on 05/30/2015 5:16:16 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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