You are not arguing my point. All I said was that the cost savings from reducing "unnecessary business meetings" was small compared to the cost savings from reducing personnel. Unfortunately for the unemployed, many companies have discovered these last 2 years that they can get by quite nicely with significantly fewer employees. That will make it more difficult for companies to justify the expense of hiring new employees.... will contribute to sloooooow job growth.
Thanks for sharing your ideas. I believe job growth will come soon because companies will realize that they cannot grow without hiring but some jobs are gone for ever.
and to add today: Salesforce -record revenue Intuit- blows past analyst estimates. The world is going insane.
A year from now: Company XXX had $10 per shares loss and they said the outlook is gloomy and they forecast $20 loss per share for next Q and shares surged 40% AH and hit 52 weeks high