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Cadence Design Systems Inc. Message Board

  • san_jose_hockey san_jose_hockey Oct 14, 2003 3:59 PM Flag

    Cooley on Penny's reign of terror

    Cooley agrees with Penny's cost cutting at CDN.

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    • Hmmm. Business. Yes.

      But, as noted, there is some ratio of employee to revenue. By the way, credit card companies have the highest one.

      Anyway, looking from a distance, it would seem that applying a true average to this calculation appears to be biased. Why? Well, how does one equate a VP's contribution to the bottom line? They are treated as an equal, although they consume more profit and it will never be clear if they really provide more revenue than a worker-bee. Did more VPs get the ax than the front-line?

      Therefore, the hatchet mentality is just an easy way out. Easy, because there is no self-examination of why the company might be top heavy and making generic across the board cuts is a sign of a quick fix, rather than a long term fix.

      Also, keep in mind, this is an opinion.

      Cooley's comment is an opinion, also.

      The fact remains that is the workers who make or break any company. VPs and CEOs are just a governor. Hopefully allowing full steam.

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