Business Quote by Barry Diller
“The idea of a company that's earning money, not losing money, that's not, let's say 'industrially endangered,' to have just cutbacks so they can earn another $12 million or $20 million or $40 million in a year where no one's counting is really a horrible act when you think about it on every level. First of all, it's certainly not necessary. It's doing it at the worst time. It's throwing people out to a larger, what is inevitably a larger unemployment heap for frankly no good reason.”
About This Quote
The quote criticizes companies that cut costs to boost profits while causing unnecessary unemployment, labeling it unethical and short-sighted.
In simple terms: Cutting jobs for profit is unethical.
Key Takeaway
Prioritize sustainable, responsible growth.
Themes
ethics
business
employment
profitability
Mood
concerned
analytical
Type
critical
ethical
When to use this quote
- budget planning
- layoff decisions
- profit strategies
- stakeholder meetings
Key Concepts
corporate responsibility
economic impact
Questions to Reflect On
- What are the long‑term effects of mass layoffs?
- How can companies balance profit and employee welfare?
A Different Perspective
Profit motives can conflict with social responsibility.
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