Thread: The WWE Future Endeavors Thread
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Old 11-09-2021, 11:58 PM   #314
Tom Guycott
I W C DEEZ NUTZ!
 
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Quote:
Originally Posted by Mr. Nerfect View Post
We’re just going to have to agree to disagree. I don’t think that making $200 million means you’re instantly justified in spending $50 million. I’m still at a loss as to how cutting people for budget concerns means you’re worried about your overall profits or how they’re even connected. I’m not trying to be difficult. The richest guy I know spends as little money as he can. His budget isn’t necessarily bigger just because he makes more than most other people.
I'm going to ask you then in the most simplistic way possible:

Say that you, personally, were the CEO of a business, and you hired exactly three employees (making the total folks working for the company four). Then, you fired two of those three employees... not for performance issues or discipinary actions or anything, but "budgetary concerns". Then, you proceeded to publicly post that your company increased its profits year on year.

You're telling me that you can't possibly see how that looks really, really bad, especially to the two people you've shown the door? You don't see how that could be interpreted as you being a greedy dickhead in any way? You can't fathom, at all, how saying "hey, we made multiple truckloads of money" right after literally telling half of your company that you don't have the money to spend to keep them, are exceptionally bad optics to pretty much everyone but you and/or any other CEO who thinks like you or any shareholders you may be trying to appease?

A profit margin and a budget is not as divorced as you seem to think it is. If you made more money, you could spend more money. Again, not saying you burn up every dime of profit you project, but you have in your power the ability to increase that budget at the expense of not making as much profit as you would have. If you made less money, or heaven forbid actually in the hole, you trim the fat. But if you could not stay profitable without letting those people go, you really aren't profitable to begin with. You're only buying time until that bubble bursts. This isn't limited to this hypothetical, or even to WWE. You'll eventually run out of folks to fire, assets to sell, and corners to cut just so that your financials look good in the end.


:sigh: Fine. We are going to have to disagree on this one by an exceptionally wide gulf.
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