As far as I know, the process of hiring new employees who need a lot of training costs the company MUCH MORE than motivating the existing employees to stay here. Isn't that right? EM obviously has different reasoning for their decisions.
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Newbies believe lies more easily
Headcount is too high due to overhiring and empire building when times were fat d-mb and happy under Rex. While imperfect short term we'll get the numbers down then optimize roles. EM also ranks people on their behavior in and out of work. They like a nice clean work force. Anyone causing trouble or giving bad impressions is out
Training. You spend what you like on that. You can throttle that down easy.
Pensions and other 'commitments' are a different matter.
"Less quality ... Less cost." Also known as cutting corners. But hey, it's not like I can remember a time cutting corners had any severe negative consequences in the oil industry.
New hires are cheaper and this process gives the ability to outsource at a greater pace.. Management is comfortable with less quality, more quantity at less cost….
Management is just plain stupid some of the time. Well, maybe most of the time.
The strategy is Work force refresh … new, younger, cheaper , less baggage
Not if you don’t hire replacements.
taps temple