moonpuppy
join:2000-08-21
Glen Burnie, MD | And so it begins.......
....the beginning of the end. |
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jgkolt
Premium
join:2004-02-21
Lakewood, OH
clubs:
1 edit | sounds like
sunrocket firing all over again. Firing the best of the best or the highest paid. Looks like it is time to sell the stock before the ship sinks.
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www.LakeSemaJ.com
Help me get free trades.3 free if you sign up, $7 after. PM Me |
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inteller
Sociopaths always win.
join:2003-12-08
Tulsa, OK | no, it's time to SHORT this stock like nobody's business.
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"WHEN THE LAUGH TRACK STARTS THEN THE FUN STARTS!" |
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dogo88
join:2001-09-24
Old Bridge, NJ
| TV ad
As I sat and watched TV last night on pops an Earthlink Ad and I have to laugh. It was all the employees telling us about how they're not some "backroom server" but real people. Yeah, right. After the bloodbath they're real people overseas. Earthlink just has no shame. |
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whocares
Premium
join:2003-07-26
.. | guess i'll put my stock for sale on ebay opening bif $0.10
lol |
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fatmanskinny
Premium
join:2004-01-04
Wandering
 ·Comcast Digital Vo..
 ·Comcast
1 edit | When it's all said and done...
it comes down to the money. That is the bottom line in business...not the people but the money. However, it takes people to make money. So, in essence, it really is the people, right?
Wall Street applauds the move but Wall Street's bottom line is money. But, isn't Wall Street made up of people and businesses that are ran by people?
Money is the life of business but doesn't it take people to help make that money? Doesn't it take people to even print money? When will we realize that we put way too much emphasis on the dollar and too little on the people?
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The only place where Success comes before Work is in the dictionary. |
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xrobertcmx
Premium
join:2001-06-18
Sterling, VA
clubs: | Just makes
Me even happier to be a former customer. |
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Subaru
1-3-2-4
Premium
join:2001-05-31
Greenwich, CT
clubs: | reply to dogo88
Re: TV ad
wow that tv ad is old.. I think I first saw it 2 years ago. |
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Agent_haito
join:2002-09-20
Winston Salem, NC | reply to fatmanskinny
Re: When it's all said and done...
Well said... The business of America is business, but that business needs people to buy the goods/services |
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CopperMux
join:2005-01-18
·Comcast
| reply to xrobertcmx
Re: Just makes
said by xrobertcmx  :Me even happier to be a former customer. Happy to see people lose their jobs? Why? |
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jtudor
Xm 60's On 6 Freak
Premium,MVM
join:2002-12-07
Morganton, NC
| I don't think he is happy to see the people lose their jobs.
What he is saying is that he is happy to be a former customer, because he gets better service elsewhere, and because EL is going to Hell in an a handbasket, he is even happier to be a former customer.
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Best of luck
"Do, or Do not, there is no try!" Yoda
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xrobertcmx
Premium
join:2001-06-18
Sterling, VA
clubs:
 ·Verizon FIOS
·Comcast
| reply to CopperMux
I don't like watching companies dump employees for a quick return, or to make Wall street happy. In the end it puts them in miserable place when they do finally get back on their feet, pending that is possible.
A better fix is general to cut executive pay, remove a few layers of extra management, and maybe not pay out bonuses or perks, especially these days when one executives pay can be equal to or greater then 15 to 20 mid level salaries.
What I am happy about is that I, as a customer, am not paying a company, that has done something I can not agree with ethically, for goods or services.
I am not happy that the reason for my cancellation (Earthlink selling me services it could not deliver, and the difficulty in obtaining any kind of support beyond what you see in a foamy cartoon) has nothing to do with this. But I can pretend:)
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Retaking our country one election at a time. |
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xrobertcmx
Premium
join:2001-06-18
Sterling, VA
clubs: | reply to jtudor
Basically. I just get sick everytime I see another layoff by a company that is mismanaged.
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Retaking our country one election at a time. |
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MrMoody
Carbon Based Lifeform
join:2002-09-03
Smithfield, NC
 ·Embarq
·Skype
·magicjack.com
| Wall Street
quote:
New CEO Rola Huff wants more immediate returns. Wall Street analysts are happy with the moves.
Fricken day traders.
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"It is a future in which globalization really does work ... and everybody winds up getting to be part of the third world." - William Gibson |
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RayW
Premium
join:2001-09-01
Layton, UT
clubs:
·XMission
| The American Way
This reminds me of the 90's. I had a company closed and a 50% layoff at another because we were not making double digit profits. The first company was making a solid 9% + with a steady workload, and the New York office decided that was not good enough, dumped the workload and closed us. The second company was in a known 6-12 month slow down in work, so they dumped half of us (at least it was the least senior and not the ones nearing retirement, but no management), and then panicked because there was not enough people left to do the work a year later, and they are still paying for it eight years later.
That is one reason we have a good chance of speaking Chinese in twenty or so years. The Chinese tend to think of little profits today in exchange for big profits tomorrow, while the U.S. (and maybe the 'West') thinks of "Big profits now! Screw tomorrow."
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I am not lost, I find myself every time. |
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cableties
Premium
join:2005-01-27
·Verizon FIOS
| reply to xrobertcmx
Re: Just makes
I get sick everytime I read that Wall Street rewards mismanaged companies.
"Yay, they are profitable because they cut the folks that held the fort!"
"Yay, they fired half their workforce, so they save money by not paying out benefits!"
"Yay, their business model sucks, their executives have ridiculous exit contracts and parachutes, but they have a customer database that can be sold!" |
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paulhaskew
Unoffical Dominos Spokesman
join:2002-01-10
Vancouver, WA
clubs: | reply to Agent_haito
Re: When it's all said and done...
business? We are a service based not goods based economy... most of the goods" are made overseas... |
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N10Cities
SILENCE I Keel You
Premium
join:2002-05-07
Roland, OK
clubs: | "Maximizing shareholder value".....
I HATE those fricking words!!!!  |
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guitarzan
Premium
join:2004-05-04
Skytop, PA
·epix
| reply to RayW
Re: The American Way
said by RayW :That is one reason we have a good chance of speaking Chinese in twenty or so years. The Chinese tend to think of little profits today in exchange for big profits tomorrow, while the U.S. (and maybe the 'West') thinks of "Big profits now! Screw tomorrow." There is no 'maybe' about it. The West's business model IS "Big profits now! Screw tomorrow."
Rape, pillage and plunder. Then as sign of total greed, sell customer info to anyone who waves a dollar in front of them.
Wall Street applauds this decision made by Elink. The adage of, misery loves company sounds true.
I feel sorry for the employees losing their jobs. The best they can hope for other than finding new jobs, is for Elink, after these moves to end up in the red.
Where they need to apply for a loan, to bail the company out. I wonder how much applauding Wall Street will be doing then.
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Come on crazy mutant desert men, just because they got Jr. in the car doesn't mean they have Bud on the car. |
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Network Guy
join:2000-08-25
New York
·PHONE POWER
·Broadvox Direct
·Verizon Online DSL
| reply to fatmanskinny
Re: When it's all said and done...
Companies used to invest in people, now they'll only invest in positive stock ratings.
The real kicker here, at least from the perspective of an IT person like myself, is that more and more processes and policies are being put in place to either push a worker to do more or completely do away with employee involvement. It's as though it's becoming increasingly tough for companies to justify every salary below top management regardless of the load in responsibility and professional worth the underlings take on.
Maybe some day Japan and the US will go at war again and the former will win this time. Apparently it helped humble leaders there and encourage more people-centric economies. It's not like existing dmestic policy fosters anything but greed and increasing gentrification, among oher things. |
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