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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sat, 21 Nov 2009 20:17:03 +0000</pubDate>
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		<title>Barry Diller Scores Points With Us</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/12/08/barry-diller-scores-points-with-us/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/12/08/barry-diller-scores-points-with-us/#comments</comments>
		<pubDate>Tue, 09 Dec 2008 01:10:33 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Management]]></category>

		<category><![CDATA[IAC]]></category>
<category>IAC</category><category>Management</category>
		<guid isPermaLink="false">http://watchmojo.com/web/blog/index.php/2008/12/08/barry-diller-scores-points-with-us/</guid>
		<description><![CDATA[I&#8217;ve been holding off writing a post (this is the closest thing to it) on why we&#8217;re not laying off anyone&#8230; but Barry Diller nails it:
The idea of a company that’s earning money, not losing money, that’s not, let’s say, ‘industrially endangered,’ to have just cutbacks so they can earn another $12 million or $20 [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been holding off writing a post (<a href="http://watchmojo.com/web/blog/index.php/2008/11/30/the-wisdom-of-not-following-the-crowd/" target="_blank">this is the closest thing to it</a>) on why we&#8217;re not laying off anyone&#8230; but Barry Diller nails it:</p>
<blockquote><p>The idea of a company that’s earning money, not losing money, that’s not, let’s say, ‘industrially endangered,’ to have just cutbacks so they can earn another $12 million or $20 million or $40 million in a year where no one’s counting is really a horrible act when you think about it on every level. First of all, it’s certainly not necessary. It’s doing it at the worst time. It’s throwing people out to a larger, what is inevitably a larger, unemployment heap for frankly no good reason.</p></blockquote>
<p><a href="http://www.alleyinsider.com/2008/12/barry-diller-media-company-layoffs-not-necessary-and-horrible-via" target="_blank">Read more</a>.</p>
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