Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Corporations
Finance Discussion Forum

 I just bought a dressy jacket from Wal-Mart. At most places, why you buy a jacket, they put it on a hanger and
then put a plastic cover over it. At Wal-Mart, the clerk took the jacket, rolled it up into a ball, and shoved into a plastic bag. My question is this: Is it worth the money you save, whey you get ...


 How do you motivate people who report to you, when you all work in a vitrual office environment?
...


 My business partner wants to do a 51%-49% ownership deal. Should I accept this?
I've never entered into a formal business partnership of this type before, and I'm not sure what to do. My partner wants 51% of the deal because he does most of the business development and ...


 What do you think of, when you hear Old Navy?
I'm an Old Navy employee and I have to paint a wall in the breakroom of our store. And I wanted to see what other people thought, besides the other employees that I work with, about Old Navy as ...


 What company is the largest us employer?
...


 What store provided the WORST customer service?
And what did you do about it? Ever go back to it again?...


 Why do people waste money on a Sam's club membership?
I walked around that store and wrote down food prices on cereal in huge boxes and other Items, and then went to the walmart supercenter across the street and found the prices were the same or cheaper,...


 What does 'ftse' stand for?
...


 What is another word for Affirmative Action? When a company is required to hire a certain % of minorities?
similar to quota?
Additional Details
I think it ends with -...


 Who else loves to shop at Target!!!?
Target has the lowest prices, cleanest stores, and most attentive and positive employees! I can't bring myself to shop anywhere else! Who agrees with me?!...


 I was hired through a temp agency.?
I was hired through a temp agency to work for a bank as a loan processor. I was employed for 3 weeks, and they didn't have much work for me to do. Yesterday, I received phone call from the ...


 What is wrong with American auto makers?
Are the execs of the big three US makers so stupid or greedy (or both) that they did not see that the world was moving away from big, gas-guzzling vehicles? It seems the Japanese auto makers saw it ...


 Wal Mart turned my town into a ghost town?
I really miss being able to go into my hometown clothes store
music stores , hey even my radio shack went out of business

whats up with that ??????...


 Is it true that for every £7 spent in the U.K. £1 goes to Tesco?
...


 Our company general meeting falls on my day off, can i claim overtime fees if i attend this meeting?
Our manager told us that we can't claim overtime fees because "its an employee responsibility". Is this true?...


 What do the letters L G in the manufacturers name stand for?
...


 Im 18 years old and work at Starbucks, I want to quit and work somewhere else, any suggestions?
I have been at starbucks for a year and about 6 months now and im thinking about moving to another job. I also might be promoted to shift lead pretty soon but dont know if i want to be promoted and ...


 Aquafina BOTTLED WATER IS FROM THE TAP.....????
Isnt that ripping off the consumers?

read... http://news.yahoo.com/s/...


 How bad is the recession?
There are more and more houses on the market that are not selling.

Car prices have dropped by 30%.

People are being laid off.

And some of Europe is worse than the UK.<...


 Who is the richest man in india?
...



Does a 3 percent drop in US auto sales really justify laying off 15 % of the workforce?
http://news.yahoo.com/s/ap/20071101/ap_on_bi_ge/chrysler_job_cuts
Additional Details
From the article: "Chrysler became a private company in August when DaimlerChrysler AG, now called Daimler AG, sold 80.1 percent of Chrysler to the private equity firm Cerberus Capital Management LP."
                     
 




Guitar Tamer
Rating
to me, yes and no. people do have their own needs, but to some, their needs is a gold plated shark tank...


Bill
Rating
If it no longer makes financial sense to pay that 15% of the workforce and cutting that expense restores profitability, by all means yes.

Companies don't owe you a career. They owe you payment for work performed.

Suppose an employee said "inflation has made my pay worth 3% less. I can't afford to work for you anymore." Would you accuse the employee of disloyalty?

I agree it sucks for the 15%, but the company isn't doing anything wrong.


pepper
Rating
It does if Chrysler cannot sustain the workforce and turn a profit for its stockholders.

Chrysler has been two steps from bankruptcy for decades. Why should they have to justify cutting costs?


CubeScience
Rating
Yes - since those layoffs are, i'm assuming, being carried out by American automakers. I would argue that this is the realization of what we've all known for years, that if GM, Ford and Chrysler don't shape up they're in for some serious rough waters. I this is an excellent question! that needs some serious attention by government, and industry makers.

Is part of the problem though that the North American car makers are forced to pay such high prices for labor, taxes, etc?


USAGUY
When your paying for your employees entire healthcare (what company other then auto works does) and your paying them up to $60-$80 an hour, yes.

If the unions would allow for their union workers to pick up some of the healthcare expense like the rest of americans with their jobs, they might save a bunch of jobs.

Healthcare cost is killing the American auto companies!


jim w
yes it does those union workers get paid big bucks to make cars thats why they are so expensive .those lazy auto workers get paid huge bucks to do hardly anything i worked in a ford plant here in virginia that got shut down we where contractors makeing great money we where working our butts off we where the only ones working in that plant they guy sweeping the floors in there was makeing more money then we where he was getting around 25 bucks a hour 3 weeks paid vacation and sick leave and the union was fighting the company for more and who pays for it you when you buy a car if any of those guys where getting paid for how much work they done they would all be broke. i get great benifits where i work but i work for them i dont pay a union to tell the company i need more i work for it simple as that


pcb4ng
Rating
Yes, if they're preventing them from being competitive.


Bronson
And don't give me that "Buy made in the US crap" either. Until any US auto worker can squarely say that they never buy "Made in China" products, they will hold a double typical standard. I am sick of having to pay those union workers top dollar and health insurance for a product that is totally sub par to other manufacturers products. Until US auto makers build economic, reliable, environmentally friendly vehicles they will never see a penny from my pocket book...What goes around, comes around...


blapath
Rating
When does any American enterprise need justification for a layoff???


poopsie
probably, every one else is getting laying off, especially in real estate, no body is making enough sales, I think bill gates should bail out his country. and help families here, instead of all over the world


flashpoint145
From a business standpoint - yes. Profits must be high and expenses must be low.

Staff wages are almost always one of the top hurts on businesses worldwide. Cutting expenses due to lower revenue actually does make sense.


From a moral standpoint - no...many people have lost their jobs.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy