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Reply to "NYT Gift Article: What Elon Musk Didn’t Count On: Firing Workers Costs Money, Too"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m curious how people who are supposed to be geniuses didn’t understand how to analyze the cost of firing so many federal workers. [/quote] Many people who are very smart or very rich believe that they know everything about everything even though they really only know one tiny area of business or investing well. [/quote] I'm curious how people who are supposed to be geniuses didn't realize you don't fire HR before you've finished firing everyone else you plan to fire. Maybe hiring 19 year old hackers wasn't the best idea. [/quote] I did a merger integration in the private sector once. The first thing the acquiring firm did was identify critical employees they wanted to retain from the target company to manage the transition - these were Sales, Finance, Legal, and HR. They offered these people retaining bonuses so they stayed while the redundant employees were let go. This is common sense. [/quote]
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