Feb 12 2010
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The Case Against Layoffs: They Often Backfire - Newsweek.com
I’ve seen some things in the past indicating layoff’s don’t actually help, interesting that other countries are starting to pickup the layoff practice despite any evidence indicating it helps company performance. Something seems broken with capitalism such that most companies now seem obsessed with short-term profit instead of long-term shareholder value. Maybe its linked to the fact that so many of these corporations no longer focus on providing value in the form of dividends, and instead people just look for stock price spikes so they can make their money and get out.