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If You Think Downsizing Might Save Your Company, Think Again

Harvard Business

During the Great Recession of 2008, companies around the world downsized their workforces. American firms alone laid off more than 8 million workers from the end of 2008 to the middle of 2010. Proponents of downsizing argue that it is an effective strategy, with benefits such as increased performance and sales.

Company 28
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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World ” and Eric Ries’s book The Lean Startup. He doubled GE’s investment in R&D. Comstock is out.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

12 and seen by The Wall Street Journal, was described by German officials as reiterating Berlin''s concerns expressed in recent talks. A big bank collapse would dwarf the available resources; some €473bn of capital has been pumped into EU banks since 2008. Mr. Schäuble''s letter, dated Dec. It is a single system under law.

Banking 73