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On Sun, 30 May 2010 15:16:32 -0700, Darren New wrote:
> Jim Henderson wrote:
>> Doesn't make sense, no, but there it is...
>
> It makes sense if your company isn't already profitable. A dollar today
> at the expense of two dollars next month is a good deal if you only have
> a week's worth of money left before you go broke.
True, but I've also seen it several times in profitable businesses as
well, usually where middle management positions are short-lived, so
saving money is a way to move ahead. Profits tend to be longer term, so
the way for middle managers to look good is to cut expenses regardless of
the consequences to long-term profits; the logic often is that they won't
be there to see the long-term results, so it doesn't matter, but the
short term savings does (to their personal careers).
Jim
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