There’s a difference between beating on earnings and beating on revenue. A company can get extra earnings from a given revenue stream by cutting costs (firing employees). That strategy makes sustained growth more difficult.
(via The Daily Reckoning : 5 Min. Forecast)
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moorewr reblogged this from hilker and added:
Don’t go around daring them now…
hilker reblogged this from chart-o-doom and added:
this chart o’ doom: they can’t fire everybody!
chart-o-doom posted this
