The Financial Collapse of 2001 and Beyond Message Board

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To: elmatador who wrote (89477)	4/25/2012 2:40:07 PM
From: Maurice Winn	1 Recommendation of 100681

L M Ericsson should try halving their pay rates to improve sales and margins: < Ericsson, the world’s largest maker of wireless networks by sales, suffered sharply deteriorating margins and revenue in the first quarter amid tough competition for contracts to modernise European mobile networks. The Swedish company announced it has seen a “major decline” in sales of its older wireless technology networks and that new projects for building high-value 4G networks were proving lower margin than had been expected. Sales in northern and central Europe fell 32 per cent and in India sales fell 55 per cent. > Or perhaps they have to actually work during working hours. They could double the pay of productive people. They are likely like the old USSR workers = "They pretend to pay us and we pretend to work". Hooray for Huawei. Mqurice