Originally posted by Mini D
Both companies are fortune 500 companies, at least one is fortune 50. Both employ over 80,000 worldwide each.
They aren't small. They prefer to hold onto their work force.
Now... let's talk about the software industry and you'll see another story. But if you look back to the lat 90's again, you'll see the same trend. There was alot of turnover and companies learned to do without or deal with rotation and training.
MiniD
McDonald's is a fortune 500 company. I doubt the majority of it's employees are reaping the benefits of "growth in the economy."
We obviously have different perspectives about what a "good economy" means (as do MT, my long time online friend, and I). To take an example of what one's own company's practices and current growth and profit margin are ... as well as how they treat their workforce and attempt to portray it as the national standard is a futile exercise, at best.
Likewise, my own experiences are merely a reflection of what may well be the opposite end of the spectrum with the true picture being somewhere in between.
Yet, I can say that several of my long time online aquaintances within the last year have suffered from layoffs and not all of them have been able to continue work in their field of experience. Some are still struggling to find something even close to providing the take-home pay they have become accustomed to. Some have even dropped off the radar and I'm concerned for their welfare.
Sure, a few of my online aquaintances have enjoyed the luxury of being able to continue a lengthy career and have either retired or are approaching retirement. But it appears to be becoming more of a rare thing across the nation. Locally, it's becoming very rare.
That's why it's hard for me to take a post exhalting the growth of our economy based on a personal reflection of one's own company or business. There will always be a flower blooming in the desert. There will always be weeds in the garden.