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by ethbr0 1144 days ago
Interesting story on that, Robert Nardelli (HD CEO 2000-2007) fired all the ex-tradespeople that Home Depot employed in their stores, because they cost more than younger and less experienced labor.

Straight from the GE "How to mortgage a company's future for a small boost in the present" book.

There were also some hilarious anecdotes told about him refusing to get out of his car in the corporate parking lot until security met him and escorted him in, presumably because he understood how much employees disliked him.

https://en.m.wikipedia.org/wiki/Robert_Nardelli#The_Home_Dep...