Friday, January 23, 2009

Ah, vacation...

Today is the first day of my vacation. Ok, technically I'm out of work but if I take a positive approach it won't be so bad. Of course if I was somewhere warm it would be so much better.

A short follow up to yesterday's rant on profit. Today Harley-Davidson and GE announced layoffs because their profits were smaller than the previous year. Why is there no outrage?

3 comments:

Mike said...

I'm outraged! Look what this kind of behavior is doing to my beloved CUBS......

Under Armour, in exchange for marketing benefits, agreed to give the Cubs $10.8 million to be the “Official Performance Brand” of the team from the 2009-13 seasons.

However, Under Armour's year-end earnings were “lower than expected and did not meet industry expectations,” the suit said. The company’s stock fell 15 percent and now Under Armour expects its 2008 income to be $10 million less than 2007's.

When executives realized their financial situation in December, the Cubs claim they breached the contract and told the team the $10.8 million would not be coming.

Scott Plocharczyk said...

Worry about the team not advertisers. This is why the Cubs will never win.

Mark Ploch said...

When will the Cubs merge with a AAA team and layoff their losing roster?