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(CNN)   No Cheer as Bounty runs out for for 5,700 Proctor and Gamble workers. Let's hope they can flow with the Tide and Bounce back   (money.cnn.com) divider line 18
    More: Fail, household goods, reward website, accounting scandals, CEO Bob McDonald  
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811 clicks; posted to Business » on 23 Feb 2012 at 9:43 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-02-23 08:38:42 PM
Debbie
upload.wikimedia.org
Downy
 
2012-02-23 09:53:06 PM
This is what happens when you let a financial system like we've got stay operational.

Corporations are only answerable to shareholders, who only want the price to go up for as long as they have stocks.

Sell off assets, lay off workers, and bail out to company two right before your actions kill the first company. When it goes on the block, have company 2 buy it up, split it, and sell it piecemeal for more profit.
 
2012-02-23 09:53:58 PM
We should lower their taxes. JOBZ CREATORZ
 
2012-02-23 10:11:42 PM
Will they start producing this in China so we can wash our clothes with toxic waste contaminated soaps now?
 
2012-02-23 10:11:43 PM
Non-manufacturing jobs. Odds are IT pukes and middle managers.
 
2012-02-23 10:12:07 PM
Will the men understand this headline?
 
2012-02-23 11:00:49 PM

trotsky: We should lower their taxes. JOBZ CREATORZ


What said job creator owners of Georgia Pacific may look like:

usgreentechnology.com
 
2012-02-23 11:02:41 PM
Ah crap, the headline threw me off. P&G doesn't make Bounty, GP does. Ah well.
 
2012-02-23 11:14:43 PM
You maybe wondering where this mythic bone that industry in America can cut to? I'm from the home of the soon to be late Kodak and there is no bare minimum of workers. There is the next quarter to be profitable in. Workers be damned if the shareholders don't get their pound of flesh.

/Interesting to see the rise of either feudalism or something resembling what Marx described as the historical inevitability of the end of capitalism.
 
2012-02-23 11:18:17 PM
Procter...
 
2012-02-23 11:53:34 PM
This is what happens when people figure out that "brand names" backed by billions in advertising are no better than store brands.

Srsly, if you buy Tide, you are a complete idiot.
 
2012-02-24 12:26:31 AM
for for
 
2012-02-24 02:35:18 AM
Nice one.
 
2012-02-24 03:05:57 AM

Smeggy Smurf: Non-manufacturing jobs. Odds are IT pukes and middle managers.


This. Manufacturing companies usually have no idea how to properly utilize an IT department, so it's one of the first things to go.
 
2012-02-24 06:03:52 AM
from my understanding, P&G's marketing expenses were growing much faster than sales. so despite good sales increases (for such a large firm) profits were not changing much

Link (new window)
 
2012-02-24 08:58:05 AM
Having worked there they do this about every 9 years - submit your headline now for green consideration in 2021.
 
2012-02-24 09:00:49 AM

wingnut396: Ah crap, the headline threw me off. P&G doesn't make Bounty, GP does. Ah well.


Actually I believe P&G does make Bounty....
 
2012-02-24 09:02:53 AM

bronyaur1: This is what happens when people figure out that "brand names" backed by billions in advertising are no better than store brands.

Srsly, if you buy Tide, you are a complete idiot.


Jeeze have you ever bothered to look at a Consumer Reports? Tide has been a top performer for laundry detergent for as long as I can remember - you'd be an idiot to NOT buy it.
 
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