yabos
join:2003-02-16
London, ON | reply to Bill Dollar
Re: Comcast's own Costs are Declining Yep. I used to work as a contractor for a Comcast owned company. 2009 they started cutting costs everywhere, firing lots of people they deemed un-necessary, dropping all joint venture contractors at the end of 2009 etc. They told a bunch of divisions in the company and sub companies that they all had to drop $500,000 from their budget no matter how they did it.
The finance department runs that company and the penny pinchers are only concerned about saving money.
When they came up with their 2009 (Q3 I think) profit of almost a billion dollars, lots of Comcast employees were obviously steamed since they don't see any of that profit.
The company I used to work for saved almost 2 million dollars in 2009, mostly by firing a bunch of people and cutting all the perks that made the company good. No Christmas party for 2009 even. You can imagine how people felt when some bozo from Comcast comes and brags how we saved this 2 million dollars as if we really cared. |
