Thread regarding Follett layoffs

The Biggest Mistake

It’s really unfortunate when family decides to put family in charge. Especially, when family members are not always the best qualified. There ought to be a rule in place to never ever put family members in charge of a business and instead, actually hire reputable employees that have been there and know the company or have the experience. Family favorites end up costing the company a lot more money in the end. Dedicated and long-time employees that have been promised a raise of some kind or a percentage, usually get’s pushed aside and ignored. Meanwhile, Executives or “family friends” get their pockets lined with cash. It isn’t right or fair. Hey, some devoted employees actually would like to one day own there own home. Rather, than see you take most of the company’s profits to expand yours.

And yes, that's who I'm talking about...

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| 1640 views | | 4 replies (last July 19, 2017) | Reply
Post ID: @OP+OdPdU9R

4 replies (most recent on top)

Remember, there is no courage without fear!

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Post ID: @8qov+OdPdU9R

To the person that disagrees - God bless your heart. You're one of those "this is the way we've always done it" employees. To bad you can't go back to the 90's. Older teachers are retiring and Millennials will be the new face of K-12 education. Sorry, not sorry, but the "hundred years of institutional knowledge" won't do them or anybody good now. But good luck on your career! Or what's left of it.

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Post ID: @7lll+OdPdU9R

I respectfully disagree. It's a shame the current board members couldn't motivate their children to participate in the family business. A long line of booksellers disappeared with this generation. Back in the 90s the company flourished and the younger family members brought innovations based on more than a hundred years of institutional knowledge. It was truly a proud and well deserved family legacy, not to mention a great place for non family to make their career.

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Post ID: @3dnk+OdPdU9R

In the end, the current family board members will have to live with the fact that the consequences of their bad decisions will be the demise of a once great company with nearly a 140 year legacy.

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Post ID: @tfs+OdPdU9R

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