One manufacturing giant has avoided layoffs for 70 years and still earns billions
Is it possible for a company to avoid layoffs for more than half a century and still be competitive? The answer is yes.
https://fortune.com/2023/07/24/lincoln-electric-no-manufacturing-layoffs-for-70-years/
D-mb as--s, volume was dropped 85% over the highest level of orders.
What about the newer bunch of unskilled ops leaders and engineers. They are about as smart as the new wave of hires. I herd most of them failed the dr-g test and back ground. And look at all the T’s who complains but gladly came back. This place is like a 3 ring circus these day. I have never seen such destruction of a union shop with no guts. People turn people in all day and complain about jobs they get to do. Only a couple more years to go for me and I get my nice pension.
problem with this idea is that GE has hired so many unqualified T rates and loser engineers that they need to lay off often