Prepare For MASSIVE Wage Cuts moving into the Digital Age......
February 10, 2010
– Comments (3)
Quincy Medical Center is eliminating 14 jobs and asking its 1,200 employees to take a 3 percent pay cut in an effort to cut expenses by $4.5 million by the end of the year.
The cost-cutting measures are needed because inpatient volume has declined 5 percent compared with the same time a year ago, CEO Dr. Gary Gibbons said.
“People aren’t going for elective surgery,” Gibbons said. “They’re putting off a lot of the medical care they’d otherwise get.”
http://www.patriotledger.com/news/x210267322/Quincy-Medical-announces-job-and-pay-cuts
We simply don't need as many people to work in a digital environment.......we can close bank branches as we are driven to bank online, close video stores as we obtain movies online, shutter post offices as we text and eMail.....we don't need massive local government infastructure in a digital age.....we can close at least half of the current retail space as more and more of us get in the habbit of purchasing online.
There will be opportunities in the Digital Age.....but much of the Industrial Age as we know it will be shutting down over the next few years....and most of the existing legal contracts out there right now deal with industrial age relationships.
There will be a lot of tension going foward as government, business, and families adjust.......let's hope that cooler heads prevail as stress rises.
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