Greed | Corporate callousness | Money

“Beware, and be on your guard against every form of greed; for not even when one has an abundance does his life consist of his possessions” (Luke 12:15).

A major U.S. industrial giant made a profit of $600 million dollars. Not bad! As the end of the year approached, the company made an announcement that had been eagerly awaited by the big stock traders on Wall Street: the corporation was going to get rid of 10,000 of its employees. Why? Because by eliminating those 10,000 jobs, the company could increase its profits in the short-term. The announcement said nothing about what the decision would do to the 10,000 employees who got those pink slips. When the announcement came, a big…

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