The fashion of the left these days is to bash Bain Capital for supposedly putting people out of work.
But, how many people have you, personally, put out of work with your selfish choices?
When you were choosing VHS over BetaMax, how many people did you put out of work at BetaMax?
When you dumped your VCR for a DVD player - how many people who worked for companies that manufactured VCRs and video tapes did you put out of work?
When you choose to stream films over the internet, how many dvd production companies have to lay people off?
When you chose to use your cell phone as your main phone, how many AT&T employees got laid off?
Your support of Google has led to the company becoming a superpower in the tech business. Google wants to put Apple out business, but it is satisfied for the present at eliminating former Motorola employees.
The cutbacks at Motorola Mobility come three months after Google bought the unit for $12.5 billion with a view to cannibalizing the large patent portfolio of the once-dominant US cell phone maker.
Bain Capital must downsize sometimes to save a company that it has invested in. It gives a lot of thought and planning to the process. Can you say the same?