Taking The Positives From Our Economy

Another company is following in the footsteps of Circuit City. A while ago, the management at CC decided that they could save a lot of money if they laid off their longest term employees because they were the highest paid workers. What a plan! They didn't take into account that those employees were their best salespersons. They actually helped customers, they were familar with product, and worked their butts off. But they did get paid the most, so chop and they were gone. For a while, CC did have more profits, but shortly it became apparent that those left behind couldn't sell anything. And pretty soon, chop down went CC. It all seems so obvious and makes you wonder why management couldn't figure what would happen. I have heard of another company recently who has fired all of their Assistant Managers in all of their stores. They make more than the regular salespersons, but less than a manager. The brilliant idea is to run the store with one manager and a bunch of sales people. We are talking a major chain store and with what should be big sales and lots of stores. These Assistant Managers were offered positions as regular sales people of course. They could do the same work and now receive minimum wage. WTF! Of course they are now collecting unemployment because they earn more doing that than working at minimum wage. The company has to pay more into the unemployment fund because they have laid off so many workers. They never realized that the money could be used to pay those Assistant Managers. And now to why they are going the path of CC - the store (that I am familar with) where the Assistant Managers were laid off hasn't met goal since then. The positive is that maybe all these companies with incompetent management will go out of business and those left behind will be leaner and place more value on their employees.