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>Take the money from the boobs who screwed up. That's a win-win, because
>they have more money to take, anyway.
Not true. It's not what someone can afford, it's what is the bottom line
result to the company...
Let's say the company employs 5,000 people at an average burden (Pay,
benefits, and taxes) of $90,000 each, for a total payroll cost of
$450,000,000. Reduce this by 10% and you get an immediate 45 million cost
savings.
Let's say they have 5 executives at $10,000,000 for a total of $50,000,000
and you cut them by 10%. That gets you 5,000,000, or only about 10% of the
savings. By cutting across the board, I save almost 10X as much.
John Posada
Senior Technical Writer
Barnes&Noble.com
jposada -at- book -dot- com
212-414-6656
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