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To: entropy12

Read Post #43,specifically about the damage she did to Bell Labs and try telling me that again.


47 posted on 05/28/2015 7:50:12 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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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: usconservative

The federal government killed Bell Labs when they broke up AT&T. AT&T “spun off” Bell Labs since Bell Labs was not a for profit organization it was a research group. Carly got it up and running as Lucent and profitable! The profitable is very important.


100 posted on 05/29/2015 7:45:04 AM PDT by jpsb (Believe nothing until it has been officially denied)
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