https://develop.consumerium.org/w/index.php?action=history&feed=atom&title=Greedy_lay_offGreedy lay off - Revision history2026-05-07T02:36:21ZRevision history for this page on the wikiMediaWiki 1.43.6https://develop.consumerium.org/w/index.php?title=Greedy_lay_off&diff=14245&oldid=prevJukeboksi: a stub. help us fix this2003-11-29T17:49:57Z<p>a stub. help us fix this</p>
<p><b>New page</b></p><div>A '''Greedy lay off''' means massive [[lay off]]s of [[employee]]s during a [[w:profit|profit]]able [[w:fiscal year|fiscal period]]. This is a quite common practise in industrialised economies to boost [[w:share|stock]] value to [[w:yield|yield]] valueble [[w:bonus|bonus]]es and greater [[w:stock option|stock option]] gains to the highest management.<br />
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''Accusation:''<br />
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This is a non-sustainable way to develop a [[company]] to perform well and the primary motivation is to boost stock value temporarily without caring about the '''well being, dedication and security of the workforce''' after the lay offs.<br />
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''Defense:''<br />
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The highest management usually tries to justify greedy lay offs by referring to '''intensified competition''' "foreseen" in the [[industry]] in question. <br />
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Also [[restructuring]] and function [[redundancy]] is often referred to especially after [[w:merger]]s.<br />
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''Action:''<br />
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Supposing that the required data is available, a numeric, comparable indicator can be calculated. <br />
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The most apparent [[ratio]] to describe the aggressiveness of lay offs is to <br />
#Calculate percentage of fired persons of total staff<br />
#Relate that to the '''profit margin''' which in turn is<br />
#The ration of '''earnings''' compared to ''net sales'''<br />
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futher on this could be evaluated in the context of general performance in the industry (average profit margins), historical development and numerous other things to support the ''Accusation'' or ''Defense''.</div>Jukeboksi