Lay-offs


NOVEMBER, 2008


See If You Can Watch This and Keep Your Lunch Down



As a business improvement consultant, this makes me sick.

Shame on Ford, GM & Chrysler management. Shame. Shame. Shame.

Bail them out? Sure, on condition that the entire upper management of all three companies is canned with no further bonuses, golden parachutes, stock options or any other perks. Give the whole lot pink slips and a month's pay at the average salary of those they laid off.

http://abcnews.go.com/Video/playerIndex?id=6287469

Listen closely. If we continue to tolerate lousy, inept and dare I say, crooked, management of our industrial base, we'll lose our way of life very soon.

Chris Reich, Author of TeachU's Business Talk Blog
Chris@TeachU.com

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[ Posted by michael cardus, November 20, 2008 8:09 ]
     As I also watch these big 3asking for a handout, I am begining to see why it was a bad idea to offer these bailouts.
These Big 3 asking for bailouts - imagine if the horse drawn carriage industry was asking for a government bailout because the auto industry was bankrupting them. If we followed this bailout process for all the industrys in the past and future that need a bailout because their product is becoming endangered - due to their own lack of insight - America will become stagnant and innovation will cease.

[Thank you for your comments---Chris]


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