Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Layoffs Are Necessary If We Want To Keep The Lights On,' Says CEO Halfway Through Tasting Menu

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
iandhr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:22 PM
Original message
Layoffs Are Necessary If We Want To Keep The Lights On,' Says CEO Halfway Through Tasting Menu
Edited on Wed Oct-05-11 12:23 PM by iandhr
PHILADELPHIA—As the fifth plate of his 10-course, $150 prix fixe tasting menu dinner was carefully placed on the manicured table in front of him, Kohl-Strauss Media Group CEO Tom Byatt reportedly told a colleague Tuesday that in order for the company to stay afloat in this adverse economic climate, staff layoffs would likely be necessary.

"The fact of the matter is, our financial outlook is just not what it used to be, and if we want to keep the lights on, we're going to have to start making some tough choices," said Byatt, cutting into a piece of seared foie gras subsumed in a rich pheasant consommé. "Personally, I wish we could keep everybody. But unfortunately, I'm in the position of having to decide what the best direction for our company is, and I don't see any other option than reducing our overall cost structure and finding some way to trim payroll."

"It's far from an ideal situation, but we have to cut corners somewhere," Byatt added as a second waiter arrived with a $110 bottle of Château Figeac from the wine cellar. "That's just a reality of our business model."

Following a 20-minute period in which the executive and his colleague sampled a lobster broth hors d'oeuvre arriving compliments of the chef and listened to the maître d' explain how the lobster had been flown in from Maine that morning, Byatt reasoned that, although it pained him to say so, his company could definitely stand to lose about a dozen people in sales, and roughly another 15 or 20 in the marketing and production divisions.


Source:
The Onion
http://www.theonion.com/articles/layoffs-are-necessary-if-we-want-to-keep-the-light,26250/


Love it. Satire can be a powerful tool.
Printer Friendly | Permalink |  | Top
ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:29 PM
Response to Original message
1. almost too close to reality to be satire
as in, it's pretty much spot on.
Printer Friendly | Permalink |  | Top
 
nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:41 PM
Response to Reply #1
3. It's not satire
Have you ever seen the menus from the economic summit meetings? While they're deciding how much "austerity" to shove down the throats of working people to keep the banks raking in big money, they're eating like they were at Louis XVI's court.
Printer Friendly | Permalink |  | Top
 
iandhr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:45 PM
Response to Reply #3
5. fair point
but its still funny.
Printer Friendly | Permalink |  | Top
 
HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:36 PM
Response to Original message
2. This is satire?
Before reading the link, I seriously thought this story was real.

Is this their offical "taking down the fourth wall"?
Printer Friendly | Permalink |  | Top
 
barbtries Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 01:07 PM
Response to Reply #2
9. me too
until i saw the onion i thought it was for real.
Printer Friendly | Permalink |  | Top
 
formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:43 PM
Response to Original message
4. I can walk around the corner and get that same Maine Lobstah for $3.99/lb.
For an hour's drive, I know where to get it for free, right off the boat. Being poor has its advantages.
Printer Friendly | Permalink |  | Top
 
Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:49 PM
Response to Reply #4
6. I am on my way..................
Printer Friendly | Permalink |  | Top
 
formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:55 PM
Response to Reply #6
8. It's called Progressive Pricing
Soak the 1% so his poor friends can eat for free.
Printer Friendly | Permalink |  | Top
 
Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 12:50 PM
Response to Original message
7. Keep using this logic, corporate CEO's.
Eventually, you'll lay-off your way out of a viable business. And, really, isn't this the problem with corporations? Each one, individually, only answers to their BOD and shareholders. But on a macro level, their collective decisions are killing this country's economy. That's why you need a strong central government to counterbalance the provincial tendencies of individual businesses.

Hate to break it to the Republican Party, but we aren't going to tax-break our way to a healthy economy. It's going to take an active bi-partisan federal government that is willing to make the laws that benefit the consumers and workers to make corporations economically healthy again (counter-intuitive, I know.)
Printer Friendly | Permalink |  | Top
 
joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 01:10 PM
Response to Original message
10. Very true...the Onion is the best...knr
Printer Friendly | Permalink |  | Top
 
PETRUS Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 03:52 PM
Response to Original message
11. sick, sick, sick and wrong. K&R nt
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 18th 2024, 12:58 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC