Quote:
Originally Posted by EpyonXero
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Cuban is a smart and successful guy which lends his thoughts significant weight, but I still take issue with his first point.
"The problem is that unless the company is losing money and it is the only way to keep the company alive, in this era of 9.1pct unemployment it NEVER is in the BEST INTEREST OF SHAREHOLDERS."
By that logic if a company is making money and isn't on the brink of going under it is ALWAYS in the BEST INTEREST OF SHAREHOLDERS to hire until just before that point is reached. A company is trying to operate as efficiently as possible because that is in the best interest of the shareholders. Suggesting that a company should plow the money they make in to unnecessary payroll doesn't make much sense.