Do the 350 top companies really give a c**p about their employees?
On seeing the news today about a survey by Deloitte on the 350 top companies in the UK, my question for today is a simple one. Who are more valuable to these companies, their staff or their shareholders? It seems that these companies would rather cut jobs than reduce their dividend to shareholder!!
While I understand the mechanics of economics, what annoys me is the blase attitude that they publicly choose shareholders over their staff. Do they really give a ***t about their employees? They will make sure they still get their bonuses - wouldn't want to miss those now would they!! Surely there could be a compromise? What is wrong with a reducing both dividends and jobs (if they actually need to!) and show their employees that they actually have some respect for them?

I totally agree. A few months back I had the same argument regarding Macy's. They closed a bunch of operations and laid a ton of people off... but then, magically they have the money to pay Usher, P. Diddy, Martha Stewart, Jessica Simpson, etc. to be in their commercials! Where are the priorities?!?!?
Robert Stanke
http://www.robertstanke.com
Posted by: Robert Stanke | May 06, 2008 at 05:54 PM