Quote

Product downsizing in the face of inflation in order to maintain retail price points has long been used by food companies, notably manufacturers of candy.

The corporate killer downsizing is directly responsive to what the mutual funds have wanted.

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

Downsizing itself is an inevitable part of any creatively destructive economy.

I've seen small businesses turn into terrible midsize or big ones because they let their desire to achieve some arbitrary metric get the best of them. Whatever is compromised as a result doesn't matter anymore, as long as the company is growing.

In the days when corporate downsizing was all the rage, Wall Street took a lot of flak for judging companies too harshly and setting the bar for corporate performance so high that executives felt their only option was to slash payrolls.

The down market favours the small two-, three-, four-person company, not the huge company with 100 people losing half a million dollars a month.

What I'm always trying to say to the consumer is: buy less, choose well, make it last.

Some people make their choice on size. I happen to not be a believer in that. I've often said, especially in an industry that's clamoring for growth, if I wanted size, I wouldn't have divested $8 billion of businesses.

In the larger companies, you have this tendency to get top-down direction.