Quote:
Originally Posted by Minte
When you employee hundreds of people and supply them with health, dental, death insurances, 401k benefits, work comp insurance you will fail immediately if you don't factor in what is going on politically.
20 years ago a business like mine could fool around and make 18% margins. Today,you better be on the balls of your feet every moment to make 8%. THe margins aren't there anymore to be sloppy or absorb a bunch of hits.
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and that has nothing to do with your competition and worldwide economics?
i doubt that anyone nowadays can just fool around, not even Mark Zuckerberg after going public
i used to work for Siemens - 400k employees - i very much doubt they base their decisions on politics (unless they need to bribe governments - but they had to give up on that as well)