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#29 The HP Way: How Bill Hewlett and I Built Our Company
Founders
Employees Should Outgrow You
The speaker shares two unique ideas presented in a book, one of which is avoiding layoffs during a recession and the other is employees outgrowing their job./nTo avoid layoffs in the US economy, the speaker's company implemented a schedule of working nine days out of every two weeks with corresponding pay cuts./nThe work and pay cuts applied to all of the company's US factories and executives and corporate staff.
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