09-24-2008, 02:09 AM
> Companies hire and lay off employees in cycles
We weren't talking about seasonal workers.
Production work in California is seasonal. Hollywood studios may lay off 80% of their workers to get through the dry summer. Most of those workers will be rehired in 3-4 months. CEOs don't bother to issue press releases about regular seasonal layoffs. Stockholders don't give a damn.
When HP discloses that they've had to lay off 25,000 workers, it's not because they're seasonal workers who will be rehired. The company is in trouble. The entire board of directors is involved in the decision. Stockholders watch carefully.
> I wasn't aware that when a company hires an
> employee the company is obligated to keep him
> securely employed for the rest of his productive life
Did someone suggest that? Nevertheless, corporations should be run in such a manner that employees feel they have more value than a disposable pen.
We weren't talking about seasonal workers.
Production work in California is seasonal. Hollywood studios may lay off 80% of their workers to get through the dry summer. Most of those workers will be rehired in 3-4 months. CEOs don't bother to issue press releases about regular seasonal layoffs. Stockholders don't give a damn.
When HP discloses that they've had to lay off 25,000 workers, it's not because they're seasonal workers who will be rehired. The company is in trouble. The entire board of directors is involved in the decision. Stockholders watch carefully.
> I wasn't aware that when a company hires an
> employee the company is obligated to keep him
> securely employed for the rest of his productive life
Did someone suggest that? Nevertheless, corporations should be run in such a manner that employees feel they have more value than a disposable pen.