The last para says it all. It is just an excuse to lay off people. You can make your products appeal to younger generation by having proper design. Not by workforce who do it. Its like saying Johson & Johnson need to have kids in workforce for making baby products. You hire a professional designer. Tell him the requirement, in this case a younger generation jeans- and ask your workforce , be it 20 or 60 to work on it. Whats problem. These garment companies minted money by exports to western countries and now when business is down because of recession and also competetion from other Asian countries, the margin is low and come up with stories to survive.
Re: Misleading
by Anirudh n on Jan 01, 2010 08:18 PM
Very good observation. You exposed the ill design of the company and the company's strategy is not convincing.
