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WotC - why are we still shocked with layoffs?
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<blockquote data-quote="jgsugden" data-source="post: 9224474" data-attributes="member: 2629"><p>You look out a window at work. There is a guy in a yellow hard hat and an orange jacket messing around in an electrical box. he suddenly leaps back as sparks fly out of the box. You're not sure if he was shocked or leapt back right before disaster. He gestures to someone else who comes over and reaches into the box - and leaps back as sparks leap from the box. They confer for a moment and then call over another person who also ends up leaping back in a shower of sparks. As the next person approaches you will likely have a reaction like, "No ... they can't be that stupid again .. no, no, no ... <em>sigh</em> yup."</p><p></p><p>Nobody is shocked that these things happen. Some of us are 'shocked' when we see it happen and every indicator is that it is more about executive bonuses than making the company healthy - and nobody stops the madness. So many of us have seen companies crippled by layoffs that come during periods of near record profits - done to deny those laid off employees access to bonuses, and to ensure the cost savings impact the executive bonuses. It often comes off essentially as a scam - Pump the bonuses, the dividends and stock price, then holders sell the product when the crash comes, then rebuy low if they look like the company will recover. We see them release great employees, then loose many more great employees when they're overworked. It isn't shocking because it is a surprise. It is shocking becauise it is ludicrous.</p></blockquote><p></p>
[QUOTE="jgsugden, post: 9224474, member: 2629"] You look out a window at work. There is a guy in a yellow hard hat and an orange jacket messing around in an electrical box. he suddenly leaps back as sparks fly out of the box. You're not sure if he was shocked or leapt back right before disaster. He gestures to someone else who comes over and reaches into the box - and leaps back as sparks leap from the box. They confer for a moment and then call over another person who also ends up leaping back in a shower of sparks. As the next person approaches you will likely have a reaction like, "No ... they can't be that stupid again .. no, no, no ... [I]sigh[/I] yup." Nobody is shocked that these things happen. Some of us are 'shocked' when we see it happen and every indicator is that it is more about executive bonuses than making the company healthy - and nobody stops the madness. So many of us have seen companies crippled by layoffs that come during periods of near record profits - done to deny those laid off employees access to bonuses, and to ensure the cost savings impact the executive bonuses. It often comes off essentially as a scam - Pump the bonuses, the dividends and stock price, then holders sell the product when the crash comes, then rebuy low if they look like the company will recover. We see them release great employees, then loose many more great employees when they're overworked. It isn't shocking because it is a surprise. It is shocking becauise it is ludicrous. [/QUOTE]
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WotC - why are we still shocked with layoffs?
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