Yaron Answers: Is It An Obligation Of Businesses To Create Jobs?
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Archive for Tag “jobs”
Yaron Answers: Can The President Create Jobs?
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Yaron Answers: Does Immigration Cause Unemployment?
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The Virtue Of Layoffs
Here’s Yaron’s and my latest Forbes.com, “The Virtue of Employee Layoffs.”
A CEO stands in front of his crumbling, century-old factory and speaks to his employees. “I promise that no matter what, I will never renovate this place. No matter how many worn-out items break, no matter how much our out-of-date machinery slows us down, no matter how many people tease us for clinging to fax machines over email, I will keep this factory going as-is. It’s time to embrace the inefficient.”
How long do you think a company operated in such a fashion would last? How long do you think its employees would have jobs?
Everyone understands that in a competitive economy, businesses face an ultimatum: maximize efficiency or die. But although few today would demand that a CEO tolerate an unproductive factory, the notion that a CEO has a duty to maintain unproductive jobs is sacrosanct.
Yaron Answers: Should American Companies Be Able To Outsource Jobs?
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