Smooth moves of the 07's
In a cost-cutting move, Circuit City lays off all sales associates paid 51 cents or more per hour above an "established pay range" - essentially firing 3,400 for its top performers in one fell swoop. Over the next eight months Circuit City's share price drops by almost 70%.
McDonald's launches a "word battle" against the Oxford English Dictionary to amend the definition of McJobs, which the OED currently describes as an "unstimulating, low-paid job with few prospects." The goal, according to a company vice president, it to change the citation to "reflect a job that is stimulating, rewarding, and offers skills that last a lifetime."
A worker in a German screw factory smuggles out 2,000 to 7,000 screws per night, ultimately stealing more than a million units. He sells the screws below cost on the internet, artificially depressing the entire screw market.
In Auguest 2007, Johnson & Johnson sues the American Red Cross for infringement of its trademarked red cross. “For a multibillion dollar drug company to claim that the Red Cross violated a criminal statute ... simply so that J&J can make more money, is obscene,” said Mark Everson, the Red Cross president.
And the smoothest move of all...
(These smooth moves were brought to you by Fortune Magazine and the letter "Ha!")
1 Comments:
Hi Jo
A beautiful place here!
Excellent post! Love the pen.
Thank you.
have a good day
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