There are a great many companies whose managers will immediately lay off employees, cut benefits when there is the slightest sign that the company isn’t doing well. Mostly unheard is cutting the pay of top managers.
In the case of Seat, management considers adding more products to the mix. Hmm, how are they going to do that—after the planned layoffs?
If you do not sell enough products from your existing mix—will adding more be sufficient?
Are the layoffs not just a sign of bad management and the inability to change with changing times?
Tags: bad management cutting jobs hmm inability jobs layoffs managers payroll seat management subsidiary top managers vw