TIP: Click on subject to list as thread! ANSI
echo: educator
to: MATT SMITH
from: CHARLES BEAMS
date: 1996-08-28 09:44:00
subject: Re: The Business Roundta

Responding to a message by Matt, to Dale on ...
MS>"Downsizing" is a major trend in the Fortune 500, and 
MS>it's showing that big business doesn't see the individual 
MS>employee as a resource to develop and keep.
MS>It makes no sense for a business to push for policies 
MS>that won't benefit it in its current personnel policy.
You need to be careful to read past the headlines in the articles.  
Money magazine has reported serious consequences for companies that 
downsize, and the practice is dwindling rapidly.  Many of the larger 
corporations which downsized in the past several years, after a brief 
rise in stock prices, suffered severe financial repercussions - loss of 
profits and a drop in stock values.  Many found themselves unable to 
operate at the lower level of productivity and had to replace the cut 
positions.  AT&T, for example, filled 15,000 jobs in the 12 months 
following their announced layoff of 40,000, and replacement continues.  
Employment in the U.S. is nearly at an all-time high, and many of the 
new positions, as reported by the U.S. Department of Labor, are 
professional and skilled positions.
Chuck Beams
Fidonet - 1:2608/70
cbeams@future.dreamscape.com
___
* UniQWK #5290* "My God," exclaimed the tagline, "I'm in the wrong joke!
--- Maximus 2.01wb
---------------
* Origin: The Hidey-Hole BBS, Pennellville, NY (315)668-8929 (1:2608/70)

SOURCE: echomail via exec-pc

Email questions or comments to sysop@ipingthereforeiam.com
All parts of this website painstakingly hand-crafted in the U.S.A.!
IPTIA BBS/MUD/Terminal/Game Server List, © 2025 IPTIA Consulting™.