A marshmallow machine gun has its uses.
To cut costs this year, Yahoo is shutting down its offices for one week, between Christmas and New Years. Daniel Gross, from Slate, has some reasons why this is a fairly idiotic way to cut costs:
1. Unpaid time during the holidays puts a heavy financial burden on employees during a time when spending is increased.
2. Competitors of Yahoo! will most likely be giving their employees bonuses.
3. Cutting costs by attacking employees alone drops morale, and leaves them open to finding a job elsewhere.
Finally, he points out Yahoo is trying to buy FaceBook for quite a bit of money. So, rather than pay its employees, its going to buy a social website.
He also describes some cost-cutting techniques of Credit Suisse and Ford. And corporations wonder why loyalty is so low.
Don't die.
1. Unpaid time during the holidays puts a heavy financial burden on employees during a time when spending is increased.
2. Competitors of Yahoo! will most likely be giving their employees bonuses.
3. Cutting costs by attacking employees alone drops morale, and leaves them open to finding a job elsewhere.
Finally, he points out Yahoo is trying to buy FaceBook for quite a bit of money. So, rather than pay its employees, its going to buy a social website.
He also describes some cost-cutting techniques of Credit Suisse and Ford. And corporations wonder why loyalty is so low.
Don't die.

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