GREY:XEBEQ - Post by User
Comment by
tony08on May 25, 2022 3:30pm
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Post# 34707181
RE:RE:RE:Management's mandate
RE:RE:RE:Management's mandateZouZS3 wrote:
SG&A expenses increased due to an organizational scale up of employees, hiring fees and associated costs to support the increased level of future sales. I don't understand why you think they need to start firing people. They've been focusing on hiring and training new employees for the past 2 years. We've been talking alot about labor shortages and now you want them to fire people? The problem is the excess capacity they have in colorado and the lockdown in china and the training costs. What they need is more contracts & get these trained new employees to work. We need productivity!
I agree with you Zou I would think (without really knowing it in a factual way) that they could probably reduce the clerical, administrative, maybe even sales people, without touching the manual employees who they have just trained and who represent a added value given their rarity.