Top Bears Reasons To Sell — Vote below!

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corporate greed

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Company: Cytec Industries (CYT)
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50%
agree
2 votes

  corporate greed

classic example at the kalamazoo michigan site....historically been a low cost-high profit plant,with fewer than 150 workers, of which as of 2009 57 union...cytec had a joint venture with kemira until sep 09...but the plant manager john lakenan decided to lay off 9 workers by feb 09...john should have kept the employess working until sept...because kemira already has paid cytec there money....so mr. lakenan keeps the money as greed...

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