 What do you think of the latest $44.6 billion proposal by Microsoft to acquire Yahoo!? |
http://news.yahoo.com/s/ Details
Elwood, I *have* seen that episode of Star Trek. It was called "The Doomsday Machine" and it ... |
|
 What if your name was....? |
| Phillip and you owned a gas station? Would you call it "Phillip's Fillups & Phillips"?... |
|
 Does anyone else get the stores "Best Buy" and "BlockBuster" mixed up? |
| Some people think Im crazy just because I get those stores mixed up alot. How could anyone not get them mixed up? Both of their titles are blue/yellow and they both are BB (B lock B uster and B est ... |
|
 Why do people hate Wal-Mart? |
| About 96% of Corporate America IS worse and pay less than Wal-Mart, moreover, they do not share an excellent package such as yearly bonus, guaranteed vacations, never fired people due to lack of work,... |
|
 Is it me, or the company? |
| I recently graduated from college with a biology degree and will begin nursing school in the fall. For the past year during my semester breaks, I have worked for a home healthcare company as an ... |
|
 If Walmart sells at retail price, then how can they have "Always Low Prices"? |
| It doesn't make sense. Walmart sells stuff at retail price, so how can they have low prices? All the other stores have the same price as Walmarts merchandise. Is the "Always Low Prices"... |
|
 I received an email that says I've won a Yahoo lottery. Could you tell me if this is for real? |
Hi,
I received this email From: "YAHOO/MSN LOTTERY" <info_company01@bellsouth.net>
Could you tell me if this is for real or totally Bogus?
Subject:... |
|
 How do I know about Western Union? |
| I was told I had money waiting on me thru them and I was wondering how can I find out if I really have it waiting on me online????????... |
|
 How reliable is Amazon (the bookseller company)? |
| Any body..... have had problems of any kind with this company?... |
|
 Should we trust Banks with our savings? |
http://news.bbc.co.uk/1/ QUOTE
" Thornburg Mortgage has said it is trying to raise almost $1bn (ÂŁ500m) in extra capital to avert a possible bankruptcy filing."<... |
|
| Is there any chance of gas prices ever going back to below $2? |
| for some reason i have a feeling that there is major corruption going on and that there is oil left to have it back below $2 but the oil companies just want their bigger profits or maybe our oil ... |
|
 Northen rock? |
| is there a run on the bank 1 billion pounds have been withdrawn since the company said it had a cash flow problem.... |
|
 I can"t get the nigerian e-mail to go through it belongs to their bank? |
| i have been told to e-mail the bank for their address and fax number but the system tells me that there is no such e-mail as info@gulfbnkng.net,could you please help me ?... |
|
 What's it like working for TESCO as a company? |
Got a mate thinking of applying for a job there. What the wages like?
Additional Details
Carol LFC
What an awful attitude you have towards shop workers "only shop keepers get ... |
|
 What is the email id of ICICI bank? |
| What is the email id of ICICI bank for any ... |
|
 What is a Warehouse operative job ? |
i have an interview tomorrow for a warehouse opperatvie job and i don't have a clue what it involves lol is it packing items ? because thats what i want to do and is there any paper work ?
... |
|
 I would like to ask if the e-mail I received from a certain Samuel Reid of Reidfurnitures is authenthic.? |
| The said furniture company is looking for a business partner in the Philippines and I sent my CV with the assurance that I wont divulge my bank account.... |
|
|  |
Beaverscanttalk | Chrysler will offer 49,600 workers $100,000 to leave. Doesn't that destroy the point? |
Wouldn’t offering them that much money just destroy the point of laying them off? I'm not that old so I don’t fully understand business. But that seems like it would be alot more then the workers actually made. I don't see how that is going to help them business wise. I'm not saying the workers don't deserve it but just how does it work business wise. |
 |
 
zap
 |
No. A worker is a very, very expensive charge for any business. Think of pension contributions, benefits, bonuses, medical & child support expenses maybe, union fees, taxes, insurances -whether private or public, housing maybe, taxes, and a long list of etceteras.... it is not just the net (or the nominal) salary, but everything that comes with it, especially for a big company like Chrysler.
I understand their point of view, and people like us, who are employers, understand it better. An employee is just a charge in the present, and a possible liability in the future. |
|
Ron B
|
The reason that American auto companies are struggling is bcause they are paying most of thier profits out to retired workers in the form of pensions and health care. If they pay these workers to leave now, they save the hundreds of thousands it would take to insure them and give them retirement benefits. THis is a strategic long term business decision, that is also good for the workers, becaquse they can invest the money and still go elsewhere to work. |
|
Jason
|
That is really stupid, considering the employers legaly do not have to offer the employees anything to lay them off. Maybe they are just being nice...You have to think though, these are not minimum mage jobs either these people are making $25-$120+ Per hour! It is not cheap labor...But ya $100,000 is a lot of money...I'd quit!!!! |
|
bubba
|
they r looking long term. yeah its a bit of money now but it will pay off in the long term. |
|
Johnny
 |
In the long run they will save money.
Assume they leave for $100K. You may replace them with $50K new hires and in two years you break-even.
That's from a salary point of view. What about the new employee gets 2 weeks vacation and the long term ones had 6 weeks.
If they lay off people that means they have to take them back and cannot replace them with lower wage employees.
They are offering it to all employees but they probably have a 20% max that will accept it.
Also the ones that accept it means earlier retirement and therefor lower pension payout.
Trust me if it didn't make sense the company wouldn't do it. |
|
pandjnewton
|
My guess is that it will be in company stock. That way it wouldn't be as pricey to Chrysler. Plus the company is rumored to be in negotiations to be bought by GM. This way, Chrysler will be cheaper for GM to buy. I'll bet that GM suggested the buyout strategy as a condition of sale. |
|
andy_whitelocks
 |
For a company the size of Chrysler it will mean a short term pain as they pay this out, but they are looking at the future and the costs of reducing their working force by nearly 50,000 people, plus all the infrastructure that goes with it will definitely help them turn the corner, what they have to balance is ensuring that their sales continue at the current level to make the cost reductions effective.
One other thing, they will take this as a restructuring charge, hit the P&L once and move on.
Typical for the major corporations to do this, |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 26 minutes(s) ago
| | | |
7 | 54 minutes(s) ago
| | | |
7 | 2 hour(s) ago
| | | |
7 | 4 hour(s) ago
| | | |
7 | 9 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
7 | 2 day(s) ago
| | | |
7 | 6 day(s) ago
| | | |
7 | 2 week(s) ago
| | | |
6 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
