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View Diary: Jon Stewart rips into CEOs threatening to lay off workers because of Obama (7 comments)

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  •  They also know how to cut expenses (2+ / 0-)
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    billmosby, Ishmaelbychoice

    so there will be less employees doing the same work as the old larger workforce did.  Employees are the variable cost and since there are still more people than jobs it is an employers market.  Sometimes the revenue stays stagnant so that there are no more deals to be made. You cut your costs and that means cutting the number of employees or the wages of each employee, kind of what they have been doing in the public sector for the last four years.

    •  Yes, they have been. (0+ / 0-)

      I suppose eventually they will have to have more people to make more money, unless automation and/or offshore employment just keeps on increasing. In which case nothing will improve for most of us, eh.

      Moderation in most things.

      by billmosby on Thu Nov 15, 2012 at 10:36:43 AM PST

      [ Parent ]

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