A company executive has reiterated the importance of employing people on an insecure basis to ensure corporate stability.

“How do you expect one to prosper without certainty,” says CEO Jeffrey Billings.

“It’s just imperative that we have security to thrive and flourish.”

This week Billings announced 100 staff members will have their contracts terminated to help cut costs and sure up a more sheltered path towards a steady stream of revenue.

“Full-time employees are a liability to the stability of our firm,” said Billings.

Bllings said “time is money” and a lot of money was lost listening to 56-year-old employee Tim Newman whinging about how he has three young kids to feed.

“It’s no longer our concern how Tim pays his mortgage, it is more vital to us that our business maintains a healthy level of stability.”