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  • #46
    Originally posted by Kidicious


    WTF?! What are you talking about? I'm simply talking about keeping a cash reserve for recession. This is a common strategy for corporations around the world to a varying degree. I don't think you have any idea what you're talking about.


    Kiddy, you are just as entertaing as ever. What you are describing is merely fluctuations in the market and has nothing to do with recessions. No sane company starts firing experienced people just because there is a little downer, but if it keeps on it has to if it want to survive.

    That isn't what you claim (well, if it is, you really had done a bad work expressing what you mean).

    Honestly, I don't know how it is in US, but here people don't get fired just because a month goes into red - you need several before it happens.

    That said, denmark probably has the most dynamic workforce system in europe. It's pretty easy to hire/fire people for companies, but that is actually a plus for both parts.
    With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

    Steven Weinberg

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    • #47
      Originally posted by Kidicious


      I would just get over yourself, and stop thinking that you are doing the right thing by your employees and that they owe you something cuase they don't. You've just planned to lay them off while acting everyday like they had a job in the future.
      Where the F\/ck did ya get this?

      Kid, this strawman, did he poke you in thine buttocks?

      How do you know what i am planning, I wouldnt tell you, but did I miss a post where I said i am planning on laying them off?

      Hi, I'm RAH and I'm a Benaholic.-rah

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      • #48
        Well, GpT, you are certainly a motherfucing capitalist lackey, so Kiddy of course know that all you think about is how you can further suppress the working class
        With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

        Steven Weinberg

        Comment

        • #49
          Originally posted by BlackCat
          Well, GpT, you are certainly a motherfucing capitalist lackey, so Kiddy of course know that all you think about is how you can further suppress the working class
          It was an entertaining discussion at the bare minimum
          Hi, I'm RAH and I'm a Benaholic.-rah

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          • #50
            Well, Kiddy isn't at his top, but he is getting older - probably not far from becoming a republican
            With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

            Steven Weinberg

            Comment

            • #51
              Originally posted by Grandpa Troll


              Where the F\/ck did ya get this?

              Kid, this strawman, did he poke you in thine buttocks?

              How do you know what i am planning, I wouldnt tell you, but did I miss a post where I said i am planning on laying them off?

              I was talking about keeping a cash reserve for a recession. You said you spent the profits on expansion (you put it a different way). What I'm saying is that you did not plan to keep them all when you're business took a temporary downturn.

              Now seriously man. Please. It should not be hard for you to understand what is being talked about here. So please don't act like you don't understand.
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

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              • #52
                Originally posted by Kidicious


                It's too late for your company to be responsible for their employees. They wasted their profits instead of building up a cash reserve that could be used to keep them employeed during the recession.
                Just to save for future
                With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                Steven Weinberg

                Comment

                • #53
                  Originally posted by BlackCat




                  Kiddy, you are just as entertaing as ever. What you are describing is merely fluctuations in the market and has nothing to do with recessions. No sane company starts firing experienced people just because there is a little downer, but if it keeps on it has to if it want to survive.

                  That isn't what you claim (well, if it is, you really had done a bad work expressing what you mean).

                  Honestly, I don't know how it is in US, but here people don't get fired just because a month goes into red - you need several before it happens.

                  That said, denmark probably has the most dynamic workforce system in europe. It's pretty easy to hire/fire people for companies, but that is actually a plus for both parts.


                  Why were you talking about Zimbabwe?
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

                  Comment

                  • #54
                    Sucks, but that's competition. I would blame the undercutter, however had the existing supply been keeping up with demand the undercutter would only be a temporary threat as they wouldn't have an entry or place in the market. Yeah, they'll gobble up the "lowest bid" projects, but without turning a profit even they won't survive due to overhead expenses. The sad part is it could be a while before they see a problem, unless you can temporarily undercut them. Which, will get them out of the market quicker, and is generally the strategy of such larger corporations when faced with competition.

                    You've invested in capital with your profit and that's good. However, without operating revenue you aren't going to really going to be able to stay a float. You will have to lower your prices, even to the point of taking a loss, in order to cover operating costs. Lowering operating costs until you can exhaust the undercutting competition will be key. Cutting jobs is one way, but I think that sucks. You can also ask them to take lower pay, or restructure your depreciation basis, offer lower costs for quicker payments, or offer lower costs for exclusivity. I wish I knew more about your business as I am certain there are more ways to cut these costs other than lay people off (such as JIT type strategies).
                    Monkey!!!

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                    • #55
                      Originally posted by Kidicious




                      Why were you talking about Zimbabwe?
                      No offense Kiddy, but you are out of sync - didn't mention Zimbabwe in that posting.
                      With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                      Steven Weinberg

                      Comment

                      • #56
                        Prices fall in a recession. That's the breaks. If you didn't prepare then you go down, and so do your employees. You didn't do anyone any favors.
                        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                        - Justice Brett Kavanaugh

                        Comment

                        • #57
                          Originally posted by BlackCat


                          No offense Kiddy, but you are out of sync - didn't mention Zimbabwe in that posting.
                          If you don't want to offend me, stop being so stupid.
                          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                          - Justice Brett Kavanaugh

                          Comment

                          • #58
                            Originally posted by Kidicious


                            That's backassward, and one good reason why american capitalism is so ****ed up. If you expand in the growth periods instead of preparing for the bad times you end up ****ed and so do your workers and the whole country. If you expand during the bad times you'll be set for the future growth, you'll pay less in interest payments, and the whole system is better off.
                            Just wow.
                            (\__/)
                            (='.'=)
                            (")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.

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                            • #59
                              Originally posted by Kidicious


                              If you don't want to offend me, stop being so stupid.
                              No offense, but I don't mind to offend you when you are stupid, just as you proved right here

                              It is of course a bit sad that you didn't catch the meaning of my Zimbabwe comment, but I'm not that surprised.
                              With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                              Steven Weinberg

                              Comment

                              • #60
                                Kid, let's say you make a habit of going to the same restaurant every Saturday. You know the people who work there, you like the food and the atmosphere, and it's worthwhile to you to eat there instead of cooking your meal at home.

                                Let's also say that you work on commission, maybe you're a real estate agent, or a fine art dealer, or maybe you sling dope on a street corner. For whatever reason, your income is variable based on the health of the market.

                                If times are tough, is it disloyal of you not to go to that restaurant? The waiters and busboys count on you to be there for their tips. The cooks won't have as much work to do if you and your family doesn't show up. Should they expect you to save "excess" profits from good times, just to make sure you can afford a luxury when times are tough?

                                No. If you're a businessman, and you're flush with cash, the smart thing to do is invest it back into your business. Maybe upgrade your computers, buy new machine tools, or a more efficient modern truck. In bad times, there isn't as much work. Why should anybody be compelled to keep staff that's sitting around idle? It sounds like GT is keeping his workers informed, and encouraging them to take actions to help save money. That's really about all he can do. The company that keeps cash in reserve for a rainy day, instead of investing it into new equipment, training, or benefits for employees is going to be sitting on a big pile of cash while their trucks break down, and best employees quit for better paying jobs while the worst employees sit around and never get better.

                                If you had a scrap of common sense, people might be more inclined to take you seriously.
                                John Brown did nothing wrong.

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