Discussion:
Hitting the numbers

The quarterly budget submitted by our management was at an expected 11% growth for the year. In this economy I think that was a stupid move as you might be lucky to get 3%. Due to not "Hitting the Numbers" and to compensate some off the lose they laid 9 people off today all white collar workers. In the big meeting they only pointed out that the company has not hit its numbers over and over again and there for had to take some action. They have never said they could not pay thier bills but just not hit the numbers for the quarter. I personally think the company is still making money but not just as much as they like. If we where not making money the doors woud be shut.

I would like any input from someone who has management experience if this is just a tactic to stay away from giving performance increases?
  • Posted 11 Aug 2011 10:28
  • Modified 11 Aug 2011 11:15 by poster
  • Discussion started by tomas_s
  • Bahamas, Bahamas, The
Showing items 1 - 2 of 2 results.
Dead wood is a great way to put that and I say that because we have or had a manager for everything around here. If we had a nut and bolt dept. we had a manager for that, if we have a rag dept. we had a manager for that, if we needed to know how many plastic ties we had we had a manager for that to, this is a bit extreme but the mentality is the same. When I start with this company I always thought it was over staffed, or the tree was to heavy up top and heard one time that we had 1 boss for 3 employees.
  • Posted 11 Aug 2011 22:30
  • Modified 11 Aug 2011 22:32 by poster
  • Reply by tomas_s
  • Bahamas, Bahamas, The
Sounds like they just needed an excuse to clean house of some over paid dead wood, I'll bet there is already a stack of applications on the HR managers desk and those spots will be filled quickly with much lower pay scales in place.
  • Posted 11 Aug 2011 13:23
  • Reply by roadtech
  • Ohio, United States

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