outhere69
Posts: 1302
Joined: 1/25/2011 Status: offline
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quote:
ORIGINAL: TreasureKY You've got entire divisions or companies that were shut down. Are you saying that all of them were culls? The general assumption is, yes. From the hiring company's view point, they are going to assume the other business is well run... or at least attempting to be run well by culling out weakness. Seriously... you don't bite the hand that feeds you. If an entire division was shut down, it was because it wasn't considered a valuable asset for the company. There may have been good people in that division, but the assumption would be that if individual people are that valuable an asset for the company, they'd be noticed and a place found for them elsewhere within the company. Any let go would be assumed to be not valuable enough to hang on to. When you are in business to succeed and need to minimize risk, the assumption is that if a former employer is still in business, then they are doing something right... which included making the decision to let go those they did. I understand that not all businesses work that way. And I'm not saying all this is good or right... just the way it is a lot of the time. From a hiring perspective, when you have one position to fill and hundred of applicants, it is not an unusual practice to use to narrow down the field. I was at a company that had a huge layoff and it was due to bad strategy decisions made by the top 10% of the corporation, and to make the stock look good. If the rest of the company runs lean, they won't have open positions available for fill. The same company sold off another entire division (probably 2000 people, including the factory workers) because that segment of the market's cutthroat with low margins. Again, the top-most part of the division has the power to improve profitability. You've got some interesting theories, but they sure don't apply to my experience. I've seen an entire corporation run into the ground by senior management. I've seen 2 tiny ones done in by the owners' stupidity. Being a great worker doesn't help if the boss is pocketing the IRS taxes. Now, another thing that happened in San Diego was during the defense downturn. They lost over 300,000 jobs. I ain't joking or jesting. If you think that all these folks were poor employees, you'd be mistaken.
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