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[Updated!] Hasbro Laying Off 1,100 Employees
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<blockquote data-quote="Maxperson" data-source="post: 9217311" data-attributes="member: 23751"><p>Not everyone in upper management is that way. My wife was COO of a corporation that was bought out by a fortune 500 company. When the buyout happened, there was a large workforce reduction and a promise that no further reductions would happen for 5 years, and that they had that long to become profitable. My wife was also put in charge of her entire company at that time, but they didn't change her title for some reason(probably they'd have to pay her more). She went to her staff and assured them that no more layoffs would happen for 5 years and put them at ease.</p><p></p><p>Anyway, one year later she was called in by someone in the parent corporation and told that she had to axe half of her workforce. She did as she was instructed and then put in her two weeks notice, telling them that she had a lot of personal integrity and she relied on what they said when she told the company no more reductions would be happened. When they thought it was just a play by her to get more money, they asked her to name her price(she's excellent at what she does), she also told them that they had caused her to lose integrity(since she didn't have the option to blame higher ups) and refused to take back her resignation. </p><p></p><p>She ended up going to a company that had been trying to poach her for years and had been turned down by her since with integrity comes loyalty. Now the new company has an amazing upper manager with integrity and loyalty.</p></blockquote><p></p>
[QUOTE="Maxperson, post: 9217311, member: 23751"] Not everyone in upper management is that way. My wife was COO of a corporation that was bought out by a fortune 500 company. When the buyout happened, there was a large workforce reduction and a promise that no further reductions would happen for 5 years, and that they had that long to become profitable. My wife was also put in charge of her entire company at that time, but they didn't change her title for some reason(probably they'd have to pay her more). She went to her staff and assured them that no more layoffs would happen for 5 years and put them at ease. Anyway, one year later she was called in by someone in the parent corporation and told that she had to axe half of her workforce. She did as she was instructed and then put in her two weeks notice, telling them that she had a lot of personal integrity and she relied on what they said when she told the company no more reductions would be happened. When they thought it was just a play by her to get more money, they asked her to name her price(she's excellent at what she does), she also told them that they had caused her to lose integrity(since she didn't have the option to blame higher ups) and refused to take back her resignation. She ended up going to a company that had been trying to poach her for years and had been turned down by her since with integrity comes loyalty. Now the new company has an amazing upper manager with integrity and loyalty. [/QUOTE]
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[Updated!] Hasbro Laying Off 1,100 Employees
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