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Benefits Quote by Peter Drucker

“What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.” quote by Peter Drucker
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“What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.”

Peter Drucker

About This Quote

Source Book: The Practice of Management, 1954

Top executives profit from layoffs while workers suffer, which is ethically unacceptable.

In simple terms: Management gains at workers' expense is wrong.

Key Takeaway

Demand fair compensation and ethical leadership.

Themes

ethics leadership labor corporate responsibility justice

Mood

critical concerned

Type

ethical business

When to use this quote

  • business strategy
  • HR decisions
  • public relations

Key Concepts

executive compensation layoff policies employee rights corporate culture

Questions to Reflect On

  • What policies ensure ethical treatment of employees?
  • How can leaders be held accountable?
A Different Perspective

Unfair profit harms morale and reputation.

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