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#52 Oct 14 2011 at 4:11 AM Rating: Excellent
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Princess ShadorVIII wrote:
Businesses are not charities and should not be run as such. If I knew someone who was running a business in the manner described, I would "lose faith" in them really quick. Running at a loss to avoid laying people off is a piss poor way to run a business.
Missed the part where it says a few years? Details are important.


By the way, you losing faith in anything is kind of a daily thing, isn't it?
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#53 Oct 14 2011 at 6:14 AM Rating: Excellent
Princess ShadorVIII wrote:
Uglysasquatch wrote:
Princess ShadorVIII wrote:
Duke Lubriderm wrote:
Friar Bijou wrote:
gbaji wrote:
The employer doesn't really care how much money the employee takes home in wages


Quite possibly the truest thing you have ever posted.
Depends on where you work. My company ran at a loss for a few year trying to get people at least 32 hours a week, even if it meant just doing things like painting stuff that didn't really need painting. At our location and in others in the company, the actively worked with the State's unemployment offices to get every some partial unemployment.

Don't lose faith in everyone, there are some people who do more than look at the bottom line.


You do realize that that is not a sustainable solution, right? Ultimately the choice must be made: lay off a few people or keep everyone and allow the whole company to go under, thus rendering many more people out of work.
Never a moment of stupidity missed with you. That wasn't the point in anyway.


I was responding to the attitude of Lubriderm's post:

Quote:
Don't lose faith in everyone, there are some people who do more than look at the bottom line.


Businesses are not charities and should not be run as such. If I knew someone who was running a business in the manner described, I would "lose faith" in them really quick. Running at a loss to avoid laying people off is a piss poor way to run a business.
My company had layoffs, entire plants were idled, and the employees were given severance when it became apparent that there would not be a recall anytime soon. The other plants did cut staff, but only through attrition, when someone retired or what-not the position just wasn't filled, we moved people around. We are now more lean and efficient. After a bit, we were close to break even, as of now, we are profitable again. The company is privately owned, and the chairman decided to eat some loss for a year or two and take care of the people who helped grow his fortune as best he could, while being somewhat responsible and not totally losing his ***.

Our entire industry ran at a loss for a few years, the price of our goods just plummeted do to industry over production. I'm just saying our owner did the best he could to ***** as little people over as possible.
#54 Oct 14 2011 at 10:37 AM Rating: Good
I recall a statistic from about a decade ago that the average company spends between $3,000-$10,000 just to train a new hire (in terms of their paid training and lost productivity from other employees doing the training.)
#55 Oct 14 2011 at 3:41 PM Rating: Default
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Duke Lubriderm wrote:
Princess ShadorVIII wrote:
Uglysasquatch wrote:
Princess ShadorVIII wrote:
Duke Lubriderm wrote:
Friar Bijou wrote:
gbaji wrote:
The employer doesn't really care how much money the employee takes home in wages


Quite possibly the truest thing you have ever posted.
Depends on where you work. My company ran at a loss for a few year trying to get people at least 32 hours a week, even if it meant just doing things like painting stuff that didn't really need painting. At our location and in others in the company, the actively worked with the State's unemployment offices to get every some partial unemployment.

Don't lose faith in everyone, there are some people who do more than look at the bottom line.


You do realize that that is not a sustainable solution, right? Ultimately the choice must be made: lay off a few people or keep everyone and allow the whole company to go under, thus rendering many more people out of work.
Never a moment of stupidity missed with you. That wasn't the point in anyway.


I was responding to the attitude of Lubriderm's post:

Quote:
Don't lose faith in everyone, there are some people who do more than look at the bottom line.


Businesses are not charities and should not be run as such. If I knew someone who was running a business in the manner described, I would "lose faith" in them really quick. Running at a loss to avoid laying people off is a piss poor way to run a business.
My company had layoffs, entire plants were idled, and the employees were given severance when it became apparent that there would not be a recall anytime soon. The other plants did cut staff, but only through attrition, when someone retired or what-not the position just wasn't filled, we moved people around. We are now more lean and efficient. After a bit, we were close to break even, as of now, we are profitable again. The company is privately owned, and the chairman decided to eat some loss for a year or two and take care of the people who helped grow his fortune as best he could, while being somewhat responsible and not totally losing his ***.

Our entire industry ran at a loss for a few years, the price of our goods just plummeted do to industry over production. I'm just saying our owner did the best he could to ***** as little people over as possible.

Well, with that context, that's somewhat different then, and quite commendable.


UglySasquatch wrote:
By the way, you losing faith in anything is kind of a daily thing, isn't it?


Oh hardy-har-har.

Edited, Oct 14th 2011 5:44pm by ShadorVIII
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