Sunday, Nov 23, 2008
It must be like this in the UK too, but of course no-one will admit it
CNN: Crisis on Dealers' Row
"If I do 50% less volume, then my staff has to go down 50%," he said. "I'm just trying to hold on to the good salesmen I have."
Customer traffic is way down, according to Park. "They're still worried about 'Am I going to lose this job? Can I make it through this Christmas season?' That's what they're thinking."
Posted by mark @ 02:13 PM (247 views) Add Comment
1 Comment
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1. planning4acrash said...
Correction, labour is just part of the outgoings, and it is a variable cost. Fixed costs cannot be altered as fast, so, 50% fall in orders should cause more than 50% loss in jobs, in any sensible business.