Author Unknown

The recent announcement that Donner and Blitzen have elected to take the early reindeer retirement package has triggered a good deal of concern about whether they will be replaced, and about other restructuring decisions at the North Pole. Streamlining was necessary due to the North Pole’s loss of dominance of the season’s gift distribution business. Home shopping channels and mail order catalogs have diminished Santa’s market share. The Board of Directors felt he could not sit idly by and permit further erosion of the profit picture.

The reindeer downsizing was made possible through the purchase of a late model Japanese sled for the CEO’s annual trip. Improved productivity from Dasher and Dancer, who summered at the Harvard Business School, is anticipated. Reduction in
reindeer will also lessen airborne environmental emissions for which the North Pole has received unfavorable press.

I am pleased to inform you that Rudolph’s role will remain unchanged. Tradition still counts for something at the North Pole. Management denies, in the strongest possible language, the earlier leak that Rudolph’s nose got that way, not from the cold, but from substance abuse. Calling Rudolph "a lush who was into the sauce and never did pull his share of the load" was an unfortunate comment, made by Clarisse during the couple’s vicious divorce and custody battle. One of Santa’s elves took the statement out of context at a time of year when he is known to be under executive stress and, accidentally, released it to the press.

As a further restructuring, today’s global challenges require the North Pole to continue to look for better, more competitive steps. Effective immediately, the following economy measures are to take place in the "Twelve Days of Christmas" subsidiary:

The partridge will be retained, but the pear tree never turned out to be the cash crop forecasted. It will be replaced by a plastic hanging plant, providing considerable savings in maintenance;

The two turtle doves represent a redundancy that is simply not cost effective. In addition, their romance during working hours could not be condoned. The positions are therefore eliminated;

The three French hens will remain intact. After all, everyone loves the French;

The four calling birds were replaced by an automated voice mail system, with a call waiting option. An analysis is underway to determine who the birds have been calling, how often and how long they talked;

The four of the five golden rings have been sold by the Board of Directors, as a portfolio based on one commodity could have negative implications for institutional investors. Diversification into other precious metals as well as a mix of T-bills and high technology stocks are progressing rapidly;

The six geese-a-laying constitutes a luxury which can no longer be afforded. It has long been felt that the production rate of one egg per goose per day is an example of the decline in productivity. Three geese will be let go, and an upgrading in the selection procedure by HR will assure management that from now on every goose hired will be a good one;

The seven swans-a-swimming is obviously a number chosen in better times. As the function is primarily decorative, this department has been eliminated. Virtual Reality swans are on order, while the current swans will be cross-trained to learn
new strokes and therefore enhance their outplacement;

As you know, the controversial eight maids-a-milking concept has been under heavy scrutiny by the EEOC. A male/female balance in the workforce is being sought. The more militant maids consider this a dead-end job with no upward mobility and are
threatening a class-action suit. Automation of the process may permit the maids to try a-mending, a-mentoring or a-mulching;

Nine ladies dancing has always been an odd number. This department will be phased out as these individuals grow older and can no longer do the steps;

Ten Lords-a-leaping is overkill. The high cost of Lords plus the expense of international air travel prompted the Compensation Re-Design Team to suggest replacing this group with ten out-of-work congressmen. While leaping ability may be
somewhat sacrificed, the savings are significant because we expect an oversupply of unemployed congressmen this year;

Eleven pipers piping and twelve drummers drumming is a simple case of the band getting too big. A substitution with a string quartet, a cutback on new music and no uniforms will produce savings which will drop right down to the bottom line;

We can expect a substantial reduction in assorted people, fowl, animals, and other expenses. Though incomplete, studies indicate that stretching deliveries over twelve days is inefficient. If we can drop ship in one day, service levels will be improved.

Regarding the lawsuit filed by the attorney’s association seeking expansion to include the legal profession ("thirteen lawyers-a-suing) action is pending.

Lastly, it is not beyond consideration that deeper cuts may be necessary in the future to stay competitive. Should that happen, the Board will form a committee to review the Snow White Division Charter to determine seven dwarfs as the right number.