On Tue, 04 Dec 2012 14:15:38 -0800, jps wrote:

On Tue, 04 Dec 2012 12:06:15 -0600, amdx wrote:

On 12/3/2012 10:13 PM, jps wrote:
On Mon, 03 Dec 2012 17:51:14 -0600, amdx
wrote:

On 12/3/2012 4:07 PM, jps wrote:



Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --

The company's shutdown will cause about 18,000 people to lose their
jobs.

1.5 million divided by 18,000 equals 4 cents per hr.
I don't think that's the problem!
Mikek

That's a sum total of 1 decision. How many hundreds of bad decisions
have management made to get in this position? Hundreds.

$2.5 billion in annual revenue but you can't figure out how to make a
profit?
High gross revenue does not make a business profitable.

The simple truth, the business is worth more in parts to the
current owners than the profit from business operations.

Ahh, the business is worth more in parts to the current owners than
the profit from business operations?
The logical thing is to break up the parts.
If you have a benevolent feeling with your money,
Invest in the infrastruction a business needs, hire people,
and payout all profits. You might wonder what those employees will do
when the economy turns down and you don't have the same profits and then
you must cut there pay. Oh, I forgot you don't paying them with your money.
Mikek
Mikek

$2.5 billion in annual sales and you can't find a way to make it work?

Baloney.

Easy. Reduce the exorbitant cost of union labor and bennies.