Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (29046)	2/21/2003 11:02:33 PM
From: elmatador	Read Replies (2) of 74559

Savings on labor were achieve by sacking people who held pseudo-jobs in the companies. The ability for those companies can only have been impaired if they shaved off people who had been doing real jobs. It doesn't mean -as you seem to imply- that companies sacked one guy and doubled up the job of the guys who stayed on.

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