Oh, Ray,
You and I have had this discussion before, and we are perhaps forever
doomed to repeat it in endless cycles. You said today,
" There were 10,000 jobs cut today and WS said it wasn't enough to raise
the company's stock."
The job is not the thing, and the stock price is not the thing, either.
Kodak can keep them on, but you and I will have to keep purchasing "square
wagon wheels" long after we want or need them in order to keep those
10,000 employed.
Also, WS knows its companies, and Kodak is known for playing fast and
loose with the facts. 10,000 may sound like a lot to you and me, but it
needs to be 15,000, and actually, it's probably closer to 8,000.
Remember, Ray, unemployment is as low as it's been in 25 years, and that
is after 8 years of so-called down-sizing... what are we missing here?
Why does not vast downsizing result in vast unemployment? There is a
systemic loop here that we have not grasped, and it is not in the average
pay, either, which is also very, very good.
Genghis Khan and Doulas MacArthur have been sacrificing people for a "good
cause" since the beginning of time. This is not about business or
manufacturing or capitalism. What is it about, after all?
I love to hear your voice in the song.
Rol
--Rol Fessenden <76234.3636@compuserve.com>
Learning-org -- An Internet Dialog on Learning Organizations For info: <rkarash@karash.com> -or- <http://world.std.com/~lo/>