Put away the pink slips and rethink
Estimates by Mercer and others indicate that losses just for the major risks (e.g., employee accidents, office theft, etc.) exceed $85 billion annually; in effect, these dwarf the near $40 billion annually that US companies were hoping to save during the last two years of employee purging. Thus, even a managed reduction of these risks by 50% would have achieved the same cost-saving feat as cutting people without the consequences.
- Group Discounts, Small Businesses and Unfortunate Valuation Practices The success of startups like Groupon and LivingSocial, and the courting of the former by Google to the tune of...