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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (321293)1/16/2007 10:40:12 PM
From: TimF  Read Replies (1) of 1576379
 
It can be a recipe for bankruptcy or it can be a very ordinary and even wise action. It all depends on the circumstances.

Reducing hours doesn't have to mean massive reduction of hours. A small business might move one person to part time status, a big business might lay off a small number (or just hire less than they would have) and push the other employees to take up the slack. If that's a recipe for bankruptcy then I wonder why we haven't had a lot more bankruptcies, that type of action is very common. Of course its often do to other things besides tax increases but if it was a recipe for bankruptcy in the case of tax increases it should be in other areas as well.
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