‘Downsizing’
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* In response to Barry Glassner’s “ ‘Downsizings’ Translate to Human Misery,” Column Left, Feb. 24:
Barry Glassner obviously knows as much about how to run a corporation as you would expect from someone in an ivory-tower sociology department. I guess if his department budget were cut, he would borrow or take out of his own salary whatever he needed to continue to pay all his assistants!
There is a difference between stock price and bottom line, which is what causes layoffs. I should hope Glassner should know. I also hope Glassner doesn’t feel that he is the only person to understand the relationship between layoffs and stock prices. “Downsizings” will improve as a function of recovery worldwide, and by decreased government taxes and mandates against business!
JAMES W. PATRICK
Fullerton
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