Thread regarding Teletech Holdings Inc. layoffs

Do the math if you really think you get to keep your job when cheaper agents complete their training.

$1.50 less per hour multiplied by 2,080 (the work hours in one year) equals $3,120 savings per employee. For every 100 agents, this saves TeleTech $3,120,000. And there are more than 100 agents on the floor. Plus some of those already have received their $0.50 per hour raise, which means newer agents come with an greater savings for the company. So, for the sake of round numbers, if there are 200 agents - with quite a few if them at the slightly higher rate - the savings to TeleTech in the end is probably closer to $650,000 per year per facility. Still don't think you're in danger? Maybe you need to be drug-tested again.

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Oops ... Sorry... bad typing. $312,000 savings per 100 agents.

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