Chapter 569 Rich Hot And Infertile Husband (Or Maybe Not)

• Clyde was livid, and his face was red with anger. He gave Wesley a stern look and ordered, “Continue with the report!” Wesley shot a disgruntled look at Liam. Today’s high–level meeting was organized by Liam with a plan to restructure the company, reclaim some of the authority from the shareholders, and implement a merit–based competition system where workloads are distributed accordingly. This idealistic management style would slash the income of some high–level executives who held positions but did no actual work; hence it was not widely accepted. The same scenario happened this time, with half of the attendees in favor and the other half against. Clyde was very pleased with this outcome and said with a smirk, Liam, business is not child’s play. You need to be more realistic.
• ” Liam glanced at him, showing no surprise at the outcome He calmly said, “Since so many people are against it, let’s put this issue aside. Now that everyone is here, let’s go over the books for all the industries and projects the company is involved in. The economy hasn’t been doing well these past few years, so for those subsidiaries and projects that are continuously losing money, we should shut them down or put them on hold. If we can’t increase income, we need to cut expenses.
• ” Upon hearing this, some people’s faces turned sour Quantum was involved in many industries, but the only profitable ones were under Liam’s control. Orville Reed’s most profitable venture was real estate, but its income had significantly decreased in the past two years due to various reasons. The other industries either had low income, barely broke even, or were outright losing money. The central company had been supporting these loss–making companies with funding.