Maker of Vicks, OXO and Osprey is laying off 10% of staff

Helen of Troy, which owns Vicks, OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its staff.

           

https://www.facebook.com/cnn/posts/10163313360196509

Wait and see and it is inevitable - when US-china( the cancer) relations really go sour -how bad the economy is going to get - because thanks to these hubristic ivy league economists and neo liberals, and all the greedy, who outsourced our factories and manufacturing jobs to overseas, and spent billions brainwashing scholars and teachers into believing that outsourcing and the laissez fair market is the best thing to the planet ( i never hated anyone more than those idiots) - A war with China is inevitable - i hope those smart ones we have ( are they?) will buy some time to start producing things locally from the scratch because you cannot have a country or sustain it for so long without manual labor and local farmers, not industrial farming - relying only on technology is as bad as outsourcing - if they only invade Taiwan they will cause paralysis to our economy - a country that does not produce or only import will not last long - having a strong or most powerful army is not enough to keep the society and democracy on their knees you need all the vitamins in check to have a healthy and functional body , because each part of our body has a unique function and a seldom work to do that the other cannot, but it does not mean you have to substitute it for another part ,and if that is the case all parts will suffer greatly and will no longer be able to do their own job/s correctly ,and trying so hard to compensate for the things the other parts are missing would lead to deadly consequences on the functionality of the whole body - and of course the harmony which is the most important feature and component of moving from to smoothly and coordinately - and if not between all those connectors you will see the rise of violence , wars, coups , and total societal breakdown - once harmony is disrupted .


Amada Maria Rivarola They could lay off the CEO and all the executives and wouldn't even put a dent in the money needed to cover a mass layoff. If an hourly employee made $30k per year, for example, it likely costs the company $50k total to employ that one person. Fire the CEO and you'll save a whole 10 people out of the 1000 losing their job... Not to mention the consequences of not having a CEO to run the company. Cut their pay, doesn't matter. You think they will stick around? It's just an unrealistic, dumb, socialist idea that get's into peoples heads don't fall for that crap. Businessmen LOVE money, layoffs hurt production and profit, blame your politicians making excuses right now.


Amada Maria Rivarola Btw. No one but fast food and retail workers get paid a 'minimum' and even that's not so common anymore. Factory workers get anywhere from $15-$35 an hour with benefits, PTO and retirement. It's a decent pay for most. People need to smarten up because these politicians are using you. They know that most people don't understand business and economics and take advantage of you guys. They love when people make excuses for them. They call us 'useful idiots', look up the term. It's not the businessmen you should be worried about, they love money, the more of us working the more money they make, it's the politicians making it harder for them to do business that we should be more concerned about.


Glenda Witta wasting money on the wall is ludicrous. 1. We need to spend money on the reasons these people are coming here to begin with. Why are many of them terrified to live in their country? For instance, many of the guns used by gangs in Mexico come from the U.S. some of our citizens are profiting from the reasons immigrants are coming in the first place. 2. If Americans did give a lot of the immigrants jobs, there would be a lot fewer coming over. How about we heavily prosecute those who employ so many immigrants and decrease the reason for them to cross the border. 3. If immigrants are taking so many jobs from Americans, why are there “now hiring” signs almost everywhere?

Besides which, you seem to be a troll anyway. How is the weather in Moscow today?


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John Donahoe I'm sure that Helen of Troy only employed Liberals. Who in their right mind think that only Liberals collect government benefits. I personally know of many conservatives on government assistance! Some might be legally on assistance, but I know not all of them are unable to work! I'm also sure you must have relatives or know someone that is a conservative on government assistance. Don't lie or deny it. I speak from experience! Because one of my sister's and brother in-law's side of the family are conservative and most of them have not worked in years and are on some sort of government assistance! They are on section 8 housing, food stamps and medical. You're a hypocrite if you say no conservatives are living off our government. Especially when the top 10 of states living in poverty are RED states.


Susanne Grabowski lol shows you do not know how economics work.. in 2021 we created 60% of the dollars ever created out of thin air. This was to pay for bidens rescue America act etc. This created our inflation. If it is safe to print this much money out of thin air why do you and i pay taxes? it spread to other countries because 61% of the worlds countries hold the dollar as their reserve currency now their currency was worth less because of their investment in us dollars was worth less
. Add on top of that, that us dollars are used to trade in for oil so if their currency is weaker against the dollar oil becomes more expensive


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Bob Thacker you bet!

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