Comments on: American Companies Cutting Costs http://www.resourcenation.com/blog/american-companies-cutting-costs Just another WordPress weblog Sat, 21 Nov 2009 09:48:47 +0000 http://wordpress.org/?v=2.5.1 By: San Diego Web Designer http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1698 San Diego Web Designer Fri, 14 Aug 2009 15:23:23 +0000 http://www.resourcenation.com/blog/?p=211#comment-1698 And AIG changed their name to AIU Holdings after the big scandalous bailout.... but AIU Holdings is more like IOU Holdings....really! And AIG changed their name to AIU Holdings after the big scandalous bailout…. but AIU Holdings is more like IOU Holdings….really!

]]> By: Mark http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1225 Mark Thu, 26 Feb 2009 12:56:29 +0000 http://www.resourcenation.com/blog/?p=211#comment-1225 Great article! Our company cut cost by reducing the amount of times we travel for meetings we use Video conferencing and teleconferencing. Sites like http://www.24conference.com, offers technology solutions for business owners on a budget. Great article! Our company cut cost by reducing the amount of times we travel for meetings we use Video conferencing and teleconferencing. Sites like http://www.24conference.com, offers technology solutions for business owners on a budget.

]]> By: Awesome http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1178 Awesome Tue, 17 Feb 2009 20:41:15 +0000 http://www.resourcenation.com/blog/?p=211#comment-1178 Would you rather an entire company go under than lay people off? Nobody wants the layoffs but it is better to keep more businesses afloat than go under. Your qualifications for "worst" are silly. Everyone is laying employees off. It is a tough economy. Let's talk about really bad places to work not companies trying to ride out the storm. Would you rather an entire company go under than lay people off? Nobody wants the layoffs but it is better to keep more businesses afloat than go under. Your qualifications for “worst” are silly. Everyone is laying employees off. It is a tough economy. Let’s talk about really bad places to work not companies trying to ride out the storm.

]]> By: Dan http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1159 Dan Sat, 14 Feb 2009 00:34:11 +0000 http://www.resourcenation.com/blog/?p=211#comment-1159 So uh...Nextel laid off 8,000 employees whose average salaries were 150,000? I'm to believe that specious math, that's what would have happened. So uh…Nextel laid off 8,000 employees whose average salaries were 150,000?

I’m to believe that specious math, that’s what would have happened.

]]> By: gbravo http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1156 gbravo Thu, 12 Feb 2009 22:33:37 +0000 http://www.resourcenation.com/blog/?p=211#comment-1156 Regarding Home Depot, our blog states that employee benefits were cut back. Not necessarily for all employees, but for some. http://tinyurl.com/blxcau or http://tinyurl.com/aw7sdq @anaymous. We were wrong about Walt Disney being a subsidiary of Time Warner although they do have a partnership. Instead, we should have inserted Warner Bros. All and all, it is a shame that so many hard working people are being laid off and we wouldn’t wish that on anybody. Regarding Home Depot, our blog states that employee benefits were cut back. Not necessarily for all employees, but for some. http://tinyurl.com/blxcau or http://tinyurl.com/aw7sdq

@anaymous. We were wrong about Walt Disney being a subsidiary of Time Warner although they do have a partnership. Instead, we should have inserted Warner Bros.

All and all, it is a shame that so many hard working people are being laid off and we wouldn’t wish that on anybody.

]]> By: gbravo http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1155 gbravo Thu, 12 Feb 2009 22:32:57 +0000 http://www.resourcenation.com/blog/?p=211#comment-1155 @Jeff. Thanks for the clarification. Most everyone would agree that Forbes is a very credible source which is where we got the 10% or 700 workers stat (January article). @Jeff. Thanks for the clarification. Most everyone would agree that Forbes is a very credible source which is where we got the 10% or 700 workers stat (January article).

]]> By: Jeff Simmermon http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1153 Jeff Simmermon Thu, 12 Feb 2009 14:38:13 +0000 http://www.resourcenation.com/blog/?p=211#comment-1153 @Luke, @ Jay -- You can't trust the part about Time Warner Cable either. I should know -- I'm the director of digital communications there. We actually laid off less than 3 percent of our employees, not the ten percent that this "article" states. And this is not fun for me to admit, but we laid off 1,250 people -- which is still less than 3 percent of our workforce. The text above claims it was 700 people. It also says the layoffs were related to declining ad revenue, which is patently false. We began restructuring in early 2008, well before the current employment crisis, and these layoffs are largely related to those restructuring efforts. This whole article is full of keywords, buzzwords and short on facts. It feels like well-written spam, to tell the truth. Jeff Simmermon Director, Digital Communications Time Warner Cable @Luke, @ Jay — You can’t trust the part about Time Warner Cable either. I should know — I’m the director of digital communications there. We actually laid off less than 3 percent of our employees, not the ten percent that this “article” states. And this is not fun for me to admit, but we laid off 1,250 people — which is still less than 3 percent of our workforce. The text above claims it was 700 people. It also says the layoffs were related to declining ad revenue, which is patently false. We began restructuring in early 2008, well before the current employment crisis, and these layoffs are largely related to those restructuring efforts.

This whole article is full of keywords, buzzwords and short on facts. It feels like well-written spam, to tell the truth.

Jeff Simmermon
Director, Digital Communications
Time Warner Cable

]]> By: jay http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1139 jay Wed, 11 Feb 2009 19:40:58 +0000 http://www.resourcenation.com/blog/?p=211#comment-1139 Home Depot – After firing about 7,000 at their headquarters, closing all of their high-end home design shops (Home Depot Expo), and several of their original warehouse shops, they also took or severely cut back worthwhile employee benefits and incentives, such as tuition reimbursement(actually they didn't), dental insurance(went up prior to January, actually was planned early last year along with all our benefits), employee discounts(we didn't have one), Christmas bonuses(6 years ago and it was a frozen turkey), and more. But all the other stuff is right! While I am not happy about what has happened, you should at least get the facts straight. It makes it hard to trust the rest of the story.. Home Depot – After firing about 7,000 at their headquarters, closing all of their high-end home design shops (Home Depot Expo), and several of their original warehouse shops, they also took or severely cut back worthwhile employee benefits and incentives, such as tuition reimbursement(actually they didn’t), dental insurance(went up prior to January, actually was planned early last year along with all our benefits), employee discounts(we didn’t have one), Christmas bonuses(6 years ago and it was a frozen turkey), and more.
But all the other stuff is right! While I am not happy about what has happened, you should at least get the facts straight. It makes it hard to trust the rest of the story..

]]> By: Luke http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1137 Luke Wed, 11 Feb 2009 19:14:57 +0000 http://www.resourcenation.com/blog/?p=211#comment-1137 This is the stupidest premise I have ever heard. A company is a "WORST" company to work for if they treat their employees like dogs, don't give them insurance and otherwise treat them like inhuman cogs. While laying-off employees isn't the most wonderful thing to do to your minions, it doesn't make company X, Y or Z the worst company to work for. I would imagine that Microsoft is still a pretty decent company to work for even though they laid off a small portion of their workforce. This is the stupidest premise I have ever heard. A company is a “WORST” company to work for if they treat their employees like dogs, don’t give them insurance and otherwise treat them like inhuman cogs.

While laying-off employees isn’t the most wonderful thing to do to your minions, it doesn’t make company X, Y or Z the worst company to work for. I would imagine that Microsoft is still a pretty decent company to work for even though they laid off a small portion of their workforce.

]]> By: ananymous http://www.resourcenation.com/blog/american-companies-cutting-costs#comment-1136 ananymous Wed, 11 Feb 2009 18:25:25 +0000 http://www.resourcenation.com/blog/?p=211#comment-1136 time warner doesn't own disney... time warner doesn’t own disney…

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