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My bet is that those of us left here as regulars, generally being more cynical than not of MS business & inefficiency, aren't surprised or ready to doubt MS labor costs heavy are we?

One benefit of this bear market - I was getting a bit fed up with the postings on various sites that read every piece of information as fantastic news for their favoured investment. Have a read back over boards for Crocs or Garmin for example. It doesn't matter how efficient a business is, staffing levels will always be higher if you are planning for strong growth as opposed to flat growth. An element is planning for the work demands for the future, the other part is businesses turn a blind eye to inefficiencies when the money is rolling in. This downturn is a great opportunity for all well run businesses to reexamine their business strategy. To finally pull the plug on products and services that will never make it and to improve efficiencies on the winners. How they do it of course will be key - sadly history suggests most over do it and indeed do end up rehiring not long after.

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