Quote:
Originally Posted by BlackBike
The economy is booming. Dow jones 24k+. combined national retail sales up 7.1%. From what I see in texas... why the lay offs?
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In simple terms, a new regional director came in with big plans (they always do) and wanted to spend a bunch of money to update things that should have been updated years ago. In exchange for the millions of dollars granted to said person by the great corporate entity they had to let go of about 70 people between 3 facilities.
You know, the white collar mindset of "we can do more with less!" and all of the other typical grand schemes that sound good on paper. Ultimately, a lot of it will fail. In the meantime they will be forced to pay the rest of us overtime, because all of the "less" isn't actually enough and it will cost more than simply keeping the people they got rid of.