Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Again, you are not seeing the world outside of the economic vacuum. Companies are not shedding workers because they are not doing well. In fact, corporate earnings and profitability continue to increase to record levels. Companies are shedding workers in higher-labor cost countries, because they want to make even more money than they are already. Even those companies that are having tough times and are having to lay people off sometimes look at lay-offs as their main option to shed costs. It is not true, and it is not right as evident by the thousands of companies in Japan that have done their best to provide employment for life.

Mikhail from SF
by Tsarrio (dj_tsar@yahoo.com) on Mon Apr 17th, 2006 at 04:00:13 PM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4


Occasional Series