tag:blogger.com,1999:blog-3862216000300765627.post281191595875981915..comments2024-01-16T03:42:46.705-05:00Comments on The Downward Spiral: Today’s Lesson in Corporate FlackSpeak 101: Putting Positive Spin on Layoff NoticesBill Hickshttp://www.blogger.com/profile/17551954408189665078noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3862216000300765627.post-82611979981279502532011-11-09T19:00:32.384-05:002011-11-09T19:00:32.384-05:00@Gary Brumback - I just reviewed your website and ...@Gary Brumback - I just reviewed your website and it sounds like we have similar goals. Feel free to add my blog.Bill Hickshttps://www.blogger.com/profile/17551954408189665078noreply@blogger.comtag:blogger.com,1999:blog-3862216000300765627.post-43858456459723707582011-11-09T18:55:04.527-05:002011-11-09T18:55:04.527-05:00Good article, Bill. To read what a truly great cor...Good article, Bill. To read what a truly great corporation would look like and do, go to my blog, www.democracypowernow.blogspot.com and read my free book about the Megaliio corporation.<br /><br />Also, may I have your permission to add your blog site to The Democracy Coalition. Go 2 www.uschamberofdemocracy.com to see what I mean.<br /><br />Best,<br /><br />GaryGary Brumbackhttp://www.uschamberofdemocracy.comnoreply@blogger.comtag:blogger.com,1999:blog-3862216000300765627.post-71525196335025842352011-11-07T18:34:56.294-05:002011-11-07T18:34:56.294-05:00@Thrivalista - Defense contractor wages, no doubt!...@Thrivalista - Defense contractor wages, no doubt!Bill Hickshttps://www.blogger.com/profile/17551954408189665078noreply@blogger.comtag:blogger.com,1999:blog-3862216000300765627.post-19415124215407880652011-11-07T17:42:49.330-05:002011-11-07T17:42:49.330-05:00"...laying off more than 125 employees follow..."...laying off more than 125 employees following a challenging quarter...The head count reductions are concentrated in the back office, or “non-client-facing” positions...Hendrix said the cuts will reduce FBR’s fixed costs from $140 million to $90 million a year."<br /><br />$50 million fixed cost reduction, / 125 back office employees, = these folks cost them $400,000 a year each? Really?<br /><br />Must be that DC pay scale, I guess.Thrivalistanoreply@blogger.comtag:blogger.com,1999:blog-3862216000300765627.post-70509865158494788252011-11-07T10:46:37.727-05:002011-11-07T10:46:37.727-05:00It's hard trying to keep up with the headlines...It's hard trying to keep up with the headlines. I just posted this a few hours ago and then saw this in the morning news regarding yet another mass layoff:<br /><br />“This last quarter presented an environment far more challenging than any of our prior estimates, and we must now take further actions to achieve consistent profitability.”<br /><br /> - FBR & Co.Bill Hickshttps://www.blogger.com/profile/17551954408189665078noreply@blogger.com