RF Micro layoffs
Do the layoffs at RF Micro concern you, so far as the economy goes?
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Do the layoffs at RF Micro concern you, so far as the economy goes?
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Everyone who works there should get their resumes out TODAY because I predict that eventually RF Micro is going to be run into the ground by it's current leaders.
Sure it will have an impact. Mark my words, even the money hungry CEO will get his "pink slip" one day. It will match the Executive Vice President of Marketing and Strategic Development's pink shirts that he loves to wear. When this happens I will be tickled pink.
What about the incentive money??? What happens to that now?
Posted on May 8, 2008 9:23 AM
We've written several stories about the incentives that RF Micro gets, but generally speaking, these are paid only if the company does what it promises. In other words, nothing gets paid up front.
So in the case of its most recent pledge, the company receives no incentives because it did not hire the 300 workers it initially said it would.
And in most cases, companies must achieve a net growth of jobs before they get paid. So major layoffs will only delay incentives.
Posted on May 8, 2008 9:51 AM
Taxpayers money is so lavishly being handed out with no accountability tells me that ‘no
one’s minding the store!’ Do you wonder why people start companies and ask for 'Taxpayers' money? They know 'they' have nothing to lose!In the old days, a company was started in someone's backyard or basement. These old-timers were stable and sure of themselves and knew that they had products people would need, not the 'toys' the new breed of cat thinks everyone must have.
The modern day start up company owners know their company probably won't make it, but 'Oh well, I've got my million dollar salary, my big home, my out of country vacations, my luxury cars, and now I have all theTaxpayers' money in my banks! Guess what, folks, thieves are well-dressed these days and have very deep pockets!
'Fair Tax' and 'Changing Voting Laws' should be top priority, thus, eliminating Incentives and other programs costing Taxpayers trillions!
It doesn’t take a rocket scientist to figure out that leadership no longer exists and common sense has long gone ‘bye-bye’!
WAKE UP AMERICA!
Posted on May 13, 2008 3:22 PM