Lego to axe 1,400 jobs
Re: Lego to axe 1,400 jobs
just a matter of time when your profit aren't as high as they wanted. Too many sets.
-
- Count
- Posts: 2212
- Joined: Tue Dec 28, 2010 5:59 pm
- Location: USA
Re: Lego to axe 1,400 jobs
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.
Re: Lego to axe 1,400 jobs
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.
-
- Count
- Posts: 2212
- Joined: Tue Dec 28, 2010 5:59 pm
- Location: USA
Re: Lego to axe 1,400 jobs
AKA greed.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.
- askthelegoguy
- Knight
- Posts: 323
- Joined: Tue Nov 24, 2015 7:44 pm
- Contact:
Re: Lego to axe 1,400 jobs
Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?
-
- Count
- Posts: 2212
- Joined: Tue Dec 28, 2010 5:59 pm
- Location: USA
Re: Lego to axe 1,400 jobs
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.askthelegoguy wrote:Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?
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.
Re: Lego to axe 1,400 jobs
You do know that a company's first duty is to its owners/shareholders? As Lord Business says, it's just business.askthelegoguy wrote:Are you guys really that surprised that Lego cares about no one, but themselves (the family not the employees)?
Who is online
Users browsing this forum: No registered users and 46 guests