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Quote of the week: Replacing expensive employees

April 01, 2013

“Bit by bit, every corporation, just about, is firing expensive employees and hiring cheaper temp employees,” said James Altucher, managing director of asset management firm Formula Capital and board member of Corporate Resource Services Inc. (OTCBB: CRRS). Altucher made the quote in a video interview with Yahoo Finance. To view the video interview, click here.