Talk:Pentacon

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Photography

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Glass

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Biased viewpoint?[edit]

The article states: "It was deemed that company was grossly inefficient, employing six thousand staff when it could have sufficed with one thousand."

Deemed inefficient by whom? On what basis is this statement made? Surely profit is not the only way to judge efficiency.

It could be argued that privatization made the company far LESS efficient. If the goal of a company is to employ people and give them meaningful work, Pentacon, under communism, was extremely efficient. Prior to privatization, six thousand people made their living making high quality cameras and optics. After privatization, nearly all those people were laid-off and became unemployed, at a high cost to taxpayers. In addition, the company shipped jobs overseas and the quality of the product became far lower, to the point that Pentacon is no longer a big name in camera and lens production. Surely, in this case, privatization resulted in a drastic LOSS of efficiency.

Perhaps the word "inefficient" should be changed to "unprofitable". Ianbrettcooper (talk) 12:36, 23 August 2020 (UTC)[reply]