Question of the Day – August 7, 2009 – Can Businesses Really Do More With Less?

At the end of 2007 a large Midwestern US insurance company instituted mandatory 55 hour workweeks for their underwriters.

A year later, that same company a laid off a bunch of  people.  Some of these employees were the same people from whom management mandated OT from just one year prior.

The hamsters are dying.  I don’t think they can do more with less.  Time for a new business model.

My answer to the question is NO.

Businesses Learn To Make Do With Fewer Workers : NPR

Since December 2007, the labor market has seen a net decline of 6.5 million jobs.

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