|
|
|
|
Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Friday, December 19, 2008
CNBC has exclusively learned that Major League Baseball had a meeting with its employees yesterday and announced to its staff that, in order to deal with the current economic environment, it was undergoing a hiring freeze, freezing salaries and taking 20 percent of employees’ vacation time for 2009.
The Hot Stove isn’t the only thing that is frozen (jeez, Teixeira, hurry it up!)
Gamingboy
Posted: December 19, 2008 at 12:01 PM | 11 comment(s)
Related News: General, Business
|
Support BBTF
Thanks to Traderdave for his generous support.
My Bookmarks
You must be logged in to view your Bookmarks.
Hot Topics
|
|
Reader Comments and Retorts
Go to end of page
Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.
Well, this is the MLB central area, not the teams. It'd be more interesting to see where this arm gets its money from and how.
My place of work has instituted a hiring freeze, a salary freeze, and layoffs. At least the higher ups have forfeited their bonuses and 20% of their salaries here. I'd be pissed beyond all hell if they took my vacation time. That's the part of the blurb that struck me. Geez, why don't you just lower everyone's salary or take their health care away?
Just seems like they're using the economy as a reason to be an #######.
Or they're planning layoffs, and they don't want to pay out so much in vacation time.
I'd be surprised if they didn't have vacation accrue over the course of the year. Assuming they do their layoffs in January, it wouldn't make a difference. Of course, this IS MLB we're talking about, so no amount of HR/Accounting idiocy should surprise me.
Exactly. It's the same as when bosses take away free coffee, newspapers, and other stuff like that. Yes, it helps the bottom line, but it also totally pisses off and demoralizes your work force. So, now they know you really don't care about them, they think they're going to be laid off, and they're going to be expected to work hard. Let me know how that works out.
The NFL, another billion-dollar business, is doing the same thing.
they're going to be expected to work hard.
Harder. Much harder, in fact, since they'll be fewer of them.
Just as with the business on the field... there's a difference between playing hardball and just showing people up because you can. This would be the latter. As I read this I envisioned the executive who approved the cuts flipping away his pen and striking a pose next to his desk like Barry Bonds...
You must be Registered and Logged In to post comments.
<< Back to main