Don’t Believe Everything You Hear

Twice yesterday, I heard, “Management has put a new hiring freeze in place.” I was dumbfounded. Where does this stuff come from? Not from me, I can assure you.

Sharing Secrets

Yes, we are trying to be very careful about adding expenses. Yes, we are scrutinizing every new position request. And, yes, we are even asking managers to justify replacement positions. But we have not put a hiring freeze into place—and we don’t plan to.

Rest assured, our company is healthier than it has ever been. If you haven’t already, take a look at our operating results through the December 31 quarter (our fiscal third quarter and our most recent reporting period). Revenues are up 8% over the prior year; profits are up 18%. This is healthy by any standard, and I want to keep it that way.

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