Cost Cutting Creates Opportunity

I’ve seen this before.  The first round of payroll cuts eliminates the low producers.  The next cuts are interesting.  They drop high-cost, high-producers, who have a reduced chance of success.  We’re there. I’ve come across a flurry of high-priced turn-around specialists who were released, without notice. This wasn’t their failure to perform.  Generally, ownership couldn’t…

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