If Your Company Execs Are Being Invetigated - Your Job Maybe At Risk

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Today, Computer Associates International Inc. said it plans to lay off about 5% of its employees.

Last week, former Chief Executive Sanjay Kumar and former sales chief Stephen Richards were indicted on charges including securities fraud and obstruction of justice.

Are these linked?

Consider that crimes by a company's executives costs the company prestige and lots of money in:
- outside attorneys to deal with regulators
- fighting shareholder lawsuits
- lost managment productivity
- lost customers

New company managers brought in to deal with the crimes committed by old company managers will look for cost cutting measures. These measures will be focused on those areas that are most in control of management, namely salaries.

If your company is under investigation for crimes committed by your company's management, you might want to pay attention and start looking for a new company to work for.


WSJ.com - CA Will Lay Off 5% of Work Force To Trim Its Costs: "Computer Associates International Inc. said it plans to lay off about 5% of its employees"