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re: ESPN fired Howie Schwab
Posted on 6/13/13 at 1:19 pm to jacks40
Posted on 6/13/13 at 1:19 pm to jacks40
quote:
Do a lot of billion dollar companies value loyalty over profitability?
False choice. One, you assume that Howie Schwab is preventing ESPN from being profitable, which I highly doubt. Secondly, continually cutting jobs to raise the stock price is a terrible business practice in the long run because you fire people who know what they are doing. The fact that we value companies more highly for doing so is kind of sick and misguided, but that's another discussion.
Finally, I'm not a stockholder in ESPN, so I don't give a shite about their stock price. I'm a consumer and care about their quality of product.... which got worse with this decision. That's what I care about.
Posted on 6/13/13 at 1:29 pm to Baloo
quote:
False choice. One, you assume that Howie Schwab is preventing ESPN from being profitable, which I highly doubt. Secondly, continually cutting jobs to raise the stock price is a terrible business practice in the long run because you fire people who know what they are doing. The fact that we value companies more highly for doing so is kind of sick and misguided, but that's another discussion.
Finally, I'm not a stockholder in ESPN, so I don't give a shite about their stock price. I'm a consumer and care about their quality of product.... which got worse with this decision. That's what I care about.
Posted on 6/13/13 at 6:15 pm to Baloo
quote:
False choice
You started with the false choices.
Neither one of has complete information on why this particular decision was made. Was Schwab overpaid for the services he rendered, was his job redundant in the new Information Age we live in?
You assume he was let go for reasons you have no clue are true or not.
The people with the best set of information on whether or not Howie Schwab should still work for ESPN are the ones who made decision to fire him.
quote:
One, you assume that Howie Schwab is preventing ESPN from being profitable, which I highly doubt
So even if he no longer provides a service to his employer that they feel they should pay for they should continue to do so because they can afford to? That's silly.
quote:
Finally, I'm not a stockholder in ESPN, so I don't give a shite about their stock price. I'm a consumer and care about their quality of product.... which got worse with this decision. That's what I care about.
There is ZERO chance you will be able to point to any thing that ESPN airs in the coming months and be able to show that it is now worse bc Howie Schwab no longer works for them.
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