Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

liberal N proud

(60,332 posts)
12. We are/were the cash cow
Fri Nov 9, 2012, 09:02 PM
Nov 2012

Our division supported Union Carbide, we were sold to Ralston because we were the profit. We were spun off as our own company which quickly generated so much cash that the company bought 3 other businesses and they say they will continue to use the cash from our division to pay for investment in the other divisions.

They are just stripping us down to run in maintenance mode, no innovation, being in engineering, it is kind of scary right now.

Latest Discussions»General Discussion»Any of you experiencing p...»Reply #12