Take Some Political Risks Time To Pull The Plug On General Motors “Intellectuals“ Senator Wants To Make Scalping Inauguration Ball Tickets A Crime The Rise Of Penny-Pinching Billionaires Self-Help Tips From General George Washington
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Posts Tagged ‘ General Motors ’
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Cheap Labor Is Expensive, Expensive Labor Is Cheap
So why aren’t jobs rapidly exiting Manhattan and Menlo Park? The reason is that expensive labor is once again extremely cheap. Google presently has 17,000 employees, but its profits per employee are $247,000. Goldman Sachs has roughly 30,000 highly paid workers, but with profits of $16 billion last year, profits per employee worked out...
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