Thumbs up for the proper use of decimation!
Workforce DECIMATION: QLogic fires up its pink slip printer
Prepare for pink slips. Following lousy results and the CEO leaving, server and storage biz QLogic has announced a restructuring program – with sacked bodies seemingly being the only feature. Available here, the brief SEC filing states: On 2 September, 2015, QLogic Corporation (the “Company”) approved a restructuring plan …
COMMENTS
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Wednesday 16th September 2015 06:24 GMT Vatsan
I believe, it's high time that the world really starts introspecting about firing people for reducing costs / increasing profits. I also believe that the best Corporate Social Responsibility these Corporates could demonstrate is by job creation. I know there are enough arguments against my views here but the present Hire-n-Fire Culture that is well entrenched in the Free Market Economies only sees humans as Cost and not as human beings