Reply #13: That's a good piece of research -- [View All]

[DELUSIONAL]

in response to use of profits.

This is just an observation I have -- a friend's daughter got a research job with a major drug manufacturer -- she went into the job as an idealistic kid. What she found was that her company was making so much profit that they had to think of very creative ways to spend the profit. One way was to have "meetings" -- and so the one day meetings were held at 4 star hotels all over the world. First class travel to the meeting and then food, room, meeting from added to the tab. The hotel the daughter stayed at in Seattle was the premiere hotel of the region -- the one Prez and heads of state stay in when they visit Seattle or the region. This happened every quarter -- so that the company could bring down their profits.

Other industry also do this -- suddenly the worker has excess overtime when the company usually doesn't allow overtime hours. End of calendar year and the bean counters realize that they have to spend on overtime to bring down the profits.