You are correct, firing their higher paid salespersons was not an immediate cause of the bankruptcy filing, it was however the first of many moves made by senior management which greased the slope leading to an inevitable failure. Let your leading sellers go, replace them with kids who have no knowledge of products or selling, then wonder why sales have fallen from last year. Oops, let cut some more to make up for it. repeat...

jm
----- Original Message ----- From: "John Sessoms" <[email protected]>
To: <[email protected]>
Sent: Thursday, February 04, 2010 5:24 PM
Subject: RE: Myopic Bulls**t Artists


Firing all their higher paid sales persons wasn't the cause of their bankruptcy though. It was just something that happened along their already descending arc.

It's more like in the movies when somebody falls off a cliff, their body bounces off the rocks a couple of times on the way down.

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