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The Layoff
Astrigo Holdings had missed its earnings estimate by 20 cents a share. Profits had dropped by double digits, regardless of efforts to slash inventory and expenses. Robin Astrigo had run the firm capably since his father's death in 1996. He had to rein in costs further, and fast. An aggressive reduction in head count looked like the only course of action. Four commentators offer expert advice. Laurence J. Stybel and Maryanne Peabody of Stybel Peabody Lincolnshire stated: The company's board is the unseen - but key - actor in this drama. If Robin Astrigo considers Astrigo's situation from the directors governance perspective the road ahead will begin to get a little more navigable. Jurgen Dormann of Metall Zug stated: Astrigo has more than a cost problem. The company also appears to have strategy, management, and cultural problems. Robert I. Sutton at Stanford University stated: The top executives don't discuss alternatives such as pay cuts, reduced benefits, unpaid vacations or days off, or incentives for voluntary departure..Printed journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Harvard Business School Publishing., |
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Edisi | - |
Subjek | Financial performance Corporate Culture Layoffs Home improvement industry |
ISBN/ISSN | 178012 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |