Where is it written that corporations are forbidden to decrease profits? Come on people, this is getting a little out of hand! Get a grip!
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This is the unfortunate reality of the corpartiaon.
"Business leaders today say their companies care about more than profit and loss, that they feel responsible to society as a whole, not just to their shareholders. Corporate social responsibility is their new creed, a self-conscious corrective to earlier greed-inspired visions of the corporation. Despite this shift, the corporation itself has not changed. It remains, as it was at the time of its origins as a modern business institution in the middle of the nineteenth century, a legally designated “person” designed to valorize self-interest and invalidate moral concern. Most people would find its “personality” abhorrent, even psychopathic, in a human being, yet curiously we accept it in society’s most powerful institution. The troubles on Wall Street today, beginning with Enron’s spectacular crash, can be blamed in part on the corporation’s flawed institutional character, but the company was not unique in having that character. Indeed, all publicly traded corporations have it, even the most respected and socially responsible among them..."
Agree with the numbers game. UHC stock shot up Thursday as a result of the layoffs.
The entire tech sector is run by two people with no IT experience at all. They came from target and employed by MI sty. Useless leadership
It’s a numbers game. Get away with what you can with as many people as possible (enterprise building); then cut once you get yours. Cut slowly for longevity and fast if you are under the g-n. It’s not about running a well oiled machine, it’s about accounting tricks.
They buy successful businesses they don't know how to run and totally ruin them and then lay people off. Bunch of id--ts.
We all understand sometimes cuts have to be made. When a company has lay offs as much as UHG/Optum there is a serious problem how they run their business.