Lego to axe 1,400 jobs

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rexx
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Lego to axe 1,400 jobs

Post by rexx » Tue Sep 05, 2017 7:44 am


slacker
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Re: Lego to axe 1,400 jobs

Post by slacker » Tue Sep 05, 2017 1:21 pm

just a matter of time when your profit aren't as high as they wanted. Too many sets.

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Re: Lego to axe 1,400 jobs

Post by Brick & Blue » Tue Sep 05, 2017 5:42 pm

Yeah but if you grow 15% every year for 5 years that's amazing. Then when you have profits down like 3% for half a year that doesn't even include Christmas, firing 1,400 people is just pure greed.

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Re: Lego to axe 1,400 jobs

Post by dr_spock » Tue Sep 05, 2017 8:17 pm

Too many mouths to feed. Labour cost is a major expense item to any business. If your performance pay is measured on a profit target, reducing head count is a quick way to cut costs and boost the profit line if your revenue isn't increasing.

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Re: Lego to axe 1,400 jobs

Post by Brick & Blue » Wed Sep 06, 2017 1:30 am

dr_spock wrote:Too many mouths to feed. Labour cost is a major expense item to any business. If your performance pay is measured on a profit target, reducing head count is a quick way to cut costs and boost the profit line if your revenue isn't increasing.
AKA greed.

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Re: Lego to axe 1,400 jobs

Post by askthelegoguy » Thu Sep 07, 2017 11:34 am

Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?

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Re: Lego to axe 1,400 jobs

Post by Brick & Blue » Sun Sep 10, 2017 2:53 am

askthelegoguy wrote:Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?
me? Not one bit, that's all they ever cared about and it shows through every decision they made from changing the colors of grey to bley instead of just making new shade and lying to us about why; to LEGO getting rid of coupons on the back of the catalogs.

But the LEGO community on a whole seems amazed they would do such a thing. It's really insane how out of touch the majority of the AFOL really are. It's why you will see me in very few places.

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Re: Lego to axe 1,400 jobs

Post by dr_spock » Mon Sep 11, 2017 5:00 pm

askthelegoguy wrote:Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?
You do know that a company's first duty is to its owners/shareholders? As Lord Business says, it's just business.

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