Thread regarding Siemens layoffs

The employees always end up suffering in the end

Corporate greed compounded without a long term succession plan for each specific buisness has destroyed this company. In addition to all the wrong people being promoted into decision making and managerial seats without having the right vision or buisness acumen for each respective sector has destroyed the company even further. Employees are running out the doors and pretty soon the company will have no option but to restructure, layoff and close certain sectors. Very sad for what was once a great company. But that's what happens when these companies get too big and greedy. The employees end up suffering in the end.

Reposted from @6jqa+1fYiE4Oz, perfectly said.

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Small ho-e sink the big ship

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