These days, many companies don't care about their employees. To them, employees are merely "bodies" not human beings. These companies only care about money! Their CEO’s and upper management have 7 figure salaries, while the “bodies” working for them can barely feed themselves on the pittance the company (reluctantly) pays them. To ensure that they keep their high (non-earned) salaries, companies cut their workforce and make what few “bodies” they have left pick up the slack – sometimes with pay-cuts. Companies seem to have forgotten that it’s these “bodies” who keep them functioning… not the CEO’s.
I worked for a retail company where, one year, the CEO only got a $3.5 million bonus instead of his usual $5 million bonus (still got his $8.5 mil salary). To “compensate” (punish?), he cut the entire workforce by nearly 40%, demanded that the “bodies” who were left pick up the slack (with no overtime) and increase sales by 11% (per department) by the end of the quarter (all while severely reducing all on-hand stock).
It’s much easier to exploit “bodies” or “numbers” than it is human beings. Many CEO’s sit in “ivory towers” looking at spreadsheets, uncaring that those numbers represent people’s lives. They don’t realize that it’s hard to live on a $14/hr /24 hr week job. Hard to have two jobs as many bosses refuse to let you work around another job (it’s have their 24 hr/wk job only, or hit the road). They don’t care that you still have to pay for medical out of that paltry paycheck.
Shuhak 