Hmmmmn, u guy are just shouting closing shop and company sacking peolple frome work. But the truth is that Most company u see benefited from stolen and corruption government, now it is not in favor anymore Gaborone:
It's so sad.
The other day too, an Aunt of mine was complaining of being stressed out, and I suggested she took a day or two off her leave days to rest. She didn't waste time in saying 'No, this is not the time for taking leave' 
The fear of losing jobs is real. When companies are not making as much, downsizing begins, and that's what's happening right now.
Someone was giving me an Economic 101 lecture the other day, and he was like it takes a period of about 6 months for the result of mass retrenchment to start showing. That right now, the I million or so Nigerians who have lost their jobs of recent would still be spending as much as they did while they had jobs, because of the savings which they have kept. But months from now, when their savings have run out, and they haven't found new jobs, they would begin to put their scale of preference in order, and cut down costs. When this happens, they would begin to consume less, and as a result, this would affect 'consumer' companies, because people are not buying as much. When people don't buy as much, company profit drops. When Company profits drop, more people are retrenched and investors would find nothing appealing in the country... and the ripple effect will continue.
I don't know... but at the end of the day, I pray for wisdom for those in government, because when they lack direction, the people suffer. |
Politics › Re: What Do You Think About My Boss' Parable? by easybbams: 10:08am On Dec 15, 2015
