Tuesday, January 26, 2010

Pet Peeve

I read this today and just have to vent. It's a big pet peeve of mine when company leaders extol the strength of their organizations while discussing plans to lay off workers.

Separately, Home Depot (HD, Fortune 500) also announced Tuesday that it plans to cut jobs. CEO Frank Blake said in a memo to Home Depot employees the company will eliminate 1,000 jobs nationwide.

"We are a strong company, and we are taking the necessary actions to make us even stronger as our business builds momentum," said Blake.

What BS

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