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The Water Cooler
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Halliburton Closure in El Reno
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<blockquote data-quote="TwoForFlinching" data-source="post: 3303062" data-attributes="member: 24500"><p>Profit is they key, or rather the margin of profit. That's what investors care about. They'll take a hit in production and workforce to protect the highest margin possible. They could keep employment up, which keeps production up, but at a lower margin of profit. They'll still make money, but that net percentage of earning takes a hit. Classic wall street 'pinching pennies, losing dollars.'</p><p></p><p>This is why every big company lays off even in good times. Short term burst of 'profit' to honeypot new investment. Ultimately, it'll lead to a change in leadership.</p><p></p><p>It's not enough for companies to make money... they have to make a pile of money at any cost. The ugly reality of capitalism.</p></blockquote><p></p>
[QUOTE="TwoForFlinching, post: 3303062, member: 24500"] Profit is they key, or rather the margin of profit. That's what investors care about. They'll take a hit in production and workforce to protect the highest margin possible. They could keep employment up, which keeps production up, but at a lower margin of profit. They'll still make money, but that net percentage of earning takes a hit. Classic wall street 'pinching pennies, losing dollars.' This is why every big company lays off even in good times. Short term burst of 'profit' to honeypot new investment. Ultimately, it'll lead to a change in leadership. It's not enough for companies to make money... they have to make a pile of money at any cost. The ugly reality of capitalism. [/QUOTE]
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Halliburton Closure in El Reno
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