Here’s an interesting column from yesterday’s Wall Street Journal about how lots of companies hire as they fire – including Microsoft, AT&T, and Time Warner. WSJ reporter Cari Tuna explains that while layoffs mount, many of the same employers also are hiring – in other business units, in other places, or for other skills. She [...]
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This was another lovely headline to wake up to: ADP index shows private-sector jobs fell by 697,000 in Feb. I hope America’s senior managers will read Geoff Colvin’s forthcoming book, THE UPSIDE OF THE DOWNTURN, and learn the danger of rushing into mass layoffs as a first resort. There are smarter ways to cut costs [...]
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