Trump administration 2024-2028
- Thread starter dimsum
- Start date
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Sometimes, "black" does not mean DEI.
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Guess someone mentioned “The Farm” and DOGE thought government doesn’t need to grow crops or raise livestock.
Colin Parkinson
Army.ca Myth
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My
My guess is Musk is going to grow tired of doing things within the constraints placed on government officials, will focus on punishing the FAA, NASA and then bow out in 6 months.
daftandbarmy
Army.ca Fossil
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The unspoken assumption is that cutting government will save costs.
Sadly, it's rarely that easy... for any organization.
When Cost Cutting Gets Expensive
During periods of slow economic growth, companies instinctively move to curtail their costs, often via strategies shaped by the CFO. Yet many cost cutting programs actually cost the company money.
How? Serious efforts to shed costs require substantial investments, as evidenced by the cumulative $44 billion in restructuring charges reported by the Fortune 500 during their most recent fiscal year, per a scan we conducted in 2016.
Too often, these massive investments in cost cutting fail to deliver the intended result. Our analysis found that restructuring charges are commonly 125% of the savings actually realized, which makes cost cutting a losing proposition.
There are instances when the ratios are actually far worse. We know of one consumer products company that invested $125 million in a cost cutting program that delivered just $20 million in cost savings. Compounding the problem, costs that were successfully taken out via cost cutting programs tend to creep back in before long, making the entire effort an expensive exercise in futility.
When Cost Cutting Gets Expensive
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