PineyBob said:
I think the point is that they gave the furloughed employees access to the opportunities available. They also based on what I read provided some counseling along with outplacement services.
I think if you compare and contrast the HP handling of the downturn with what US has done it would seem that HP is vastly more people oriented.
As for the $7.50/hr. I don't think anyone was held at gunpoint to take those jobs either before or after the layoffs. It's called a free market.
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Gotta take issue there, PB.
The largest US employer, in terms of sales and number of employees, is WalMart.
I know of few people who want to work there - there aren't a lot of choices, sometimes.
Supposedly, as in the past, education will lift one out of WalMart and into the promised land.
Perhaps not - note the lack of specifics here:
http://www.usmayors.org/uscm/us_mayor_news...4/Greenspan.asp
I have been frugal (or tightwad, as my wife would put it) throughout my life. Faced with a furlough, I took the education route.
But if we had kids, that would NOT have been an option - I would have had to find a job(s) right off the bat to keep my obligation to them.
As an interesting side note, one of my professors noted how the professions (lawyer, real estate, accountants, etc.) are, through the political arm of their professional organizations, are raising barriers to entry in their professions.
For instance, a two year associates degree in accounting used to qualify you to sit for the CPA exam. NOW, at the behest of the CPA association, you must have a bachelors degree with a concentration in accounting.
They didn't make it retroactive, though!
😉
But I'd bet the majority of these folks worship at the altar of the 'free market.'
Indeed!
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