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Daily Archives: December 17, 2008
Some Firms Cut Costs Without Resorting to Layoffs
Some Firms Cut Costs Without Resorting to Layoffs Hypertherm Inc. has never laid off a permanent employee in its 40-year history. A 20% downturn in sales in recent months led the closely held maker of metal-cutting equipment to eliminate overtime, … Continue reading
Posted in Deming, Management, Process improvement, Respect, Systems thinking
Tagged Deming, economy, jobs, layoffs, management
Comments Off on Some Firms Cut Costs Without Resorting to Layoffs
