How Companies Should Cut Back
by bill - 2010-05-05 ( life / money / employment ) [html version]
"When faced with too many expenses and not enough income and you have run out of expenses to reduce, rather than firing employees, the fair and socially responsible way to cut costs is NOT to fire employees who had nothing to do with those costs getting too high. The FIRST target of cost-cutting needs to be..."
I think I originally suggested trimming executive pay. Always a good idea. But that link above was lost. Maybe this, below, will suffice:
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