Telstra - share price orientation gone wrong

There are a couple of "things" that a company need to do right in order to grow. In a simple way, one could say that engaged employees create satisfied customers, in effect boosting profits, which, in turn, makes a company's shares attractive to investors.

Telstra just tries to beat the formula, ahead of its privatisation:

The company "was sacking technical workers and replacing them with cheaper trainees in a bid to boost its share price ahead of government sell-off plans."

Yeah right!

(By Asia Business Consulting)