Our store is cutting exiting employees hours, but hiring new people. can anyone explain this?
2 replies (most recent on top)
Cutting payroll hours for full time employees but at the same hiring new part time people is a sign that the organization lacking of positve cash flow. This is a very common sign of a distress and financial trouble company.
It is called CYA (cover your behind until liquidation date because Belk is low on cash right now! Any other question?