Fortune 500 companies
Question
With all the profits these companies are making,but still not hiring anyone?
news ... do U suppose the Fortune 500 companies will just start selling to all those 1.3 billion chinese or even people from India that make all those products,for I hear the chinese economy is starting to boom once again. Otherwise, where are they suppose to find those consumers whom don't even have a job anymore.
1 month ago - 1 answers
Best Answer
Chosen by Asker
Most of the profits public companies are making are not from economic growth. ( growth of revenue) It comes from slashing costs, like laying off employees, downsizing debt. So the profits are in a way misleading if you're only reading headlines. Dont expect any decent amounts of hiring til the companies get revenue growth.
by Andrew
1 month ago
Asker's Rating: 