Mark Goulston Quotes

When more and more people are thrown out of work, unemployment results.

We are a long way from getting back the jobs lost since President Bush took office.

We've lost 3,000 jobs in Beaufort County. We've lost half of our manufacturing workforce.

I know I was a businessman for years, and I stayed up countless nights worrying about having to let one person go. It's a terrible thing to do.

No matter who it is, I hate to see people losing their jobs. I really do.

There is no denying that downsizing can happen when a company receives private equity funding. It is unfortunate and hard on everyone who is affected.

In the days when corporate downsizing was all the rage, Wall Street took a lot of flak for judging companies too harshly and setting the bar for corporate performance so high that executives felt their only option was to slash payrolls.

Most companies that go through layoffs are never the same. They don't recover because trust is broken. And if you're not honest at the point where you're breaking trust anyway, you will never recover.

We've lost 400,000 jobs in Michigan because of downsizing.

Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs.

The two words, in the American lexicon, are never good. Pink slip. The first time I ever heard it when I was young was when Kaiser Steel handed out pink slips to many of my neighbors and relatives. Layoffs were about efficiency, sales figures for raw materials or refrigerators.

Job loss is coming like a tsunami.

In the best of years, millions of jobs are lost.

The minute you do any layoffs, you might as well lay off the whole joint because everybody forgets about the customer and worries about their job security.

Nothing kills your company's culture like layoffs.

There was a great sag in employment beginning in 2000.

I am concerned about the economy. I was the first one laid off.

Why are CEO's who slash jobs so proud of themselves? Instead of bragging about 'cutting fat,' they ought to be getting up before their employees and saying, We did such a lousy job of planning and hiring that we have more people than work. And we are so broke and so dim-witted that we can't come up with any way to get more work. So our only solution is to send a lot of good people home. I am ashamed and I am sorry.

Since President Bush took office, we have lost 3 million more good jobs.

Let nobody be fooled, the next two quarters are not going to be easy either in terms of growth or employment.

Unless things change radically, President Bush will be the first President since Herbert Hoover to have presided over a net loss of jobs during his administration.

Sustainability includes how you run your business, and my bottom line includes how you treat your people. Sustainability starts with your staff.

What happens in the media is the cult of personality. The brands who have been forced to cut their staff have been forced to take on the brands of journalists.

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

In fact, at Olympic National Park in my district, they 3 years ago had 130 summer employees they brought in for temporary work. This summer they have 25 because they cannot afford more.