Is making over a troubled company just as fun? Not really, reports one nearly-grizzled sales VP. He says senior execs are now turning their noses up at jobs with companies needing financial restatements and management overhauls. Even in a recession, some paychecks aren't worth the headache.
"I don't mind changing my kids diapers," the sales VP says after reminiscing about his last turnaround experience. "But it's not as fun to clean up after a CEO."
As Headcount is crocheting those immortal words on a pillow, take a look at some of the past week's most interesting hirings, firings, and other telecom industry employment news:
While Photuris won't say how many folks it has furloughed or cut in recent weeks, two former employees of the company say as many as 55 out of 110 were either laid off, put on leave, or quit the company.
Ah, well. Better to be furloughed, than covered in fur. And while you ponder that nonsense, take a look at these other recent employement-related headlines:
- John Sidgmore Dies Aged 52
- Path 1 Founder Resigns
- Cincinnati Bell Adds to Board
- Allied Telesyn Hires Marketing VP
- Global Crossing Gets New Board
- Cedar Point Names President and CEO
- NetScreen Hires VP of R&D
- China's in the Chips
- Bruce Gordon Retires From Verizon
- More Tossing at Global Crossing
- Telefonica Concludes Restructuring
— Phil Harvey, Senior Editor, Light Reading