this post was submitted on 19 Jan 2024
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Work Reform

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[–] Bayz0r 8 points 10 months ago (12 children)

I think asking for lowered compensation is definitely shitty and he should be condemned for that.

However, can someone explain to me the vitriolic opposition to downsizing/layoffs whenever this topic comes up?

I don't see how anyone has a right be hired and work at X company. It is, after all, their company and their decision. Surely we can all agree that sometimes companies make strategic mistakes in terms of hiring and need to correct them later on. Also, circumstances could simply change, products be canceled or no longer need as much manpower etc.

What am I missing?

[–] Spaceballstheusername 6 points 10 months ago

My disgust with it is that it's simply a call to reduce labor not that there should be less people working on x or we should stop working on y. He views that this many people can't be productive simply because he wants the company spending less on staff so his profits or share price goes up. It's short sighted but since investors only care about the next quarter it doesn't really matter to him.

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[–] [email protected] 8 points 10 months ago

Whenever I hear of another billionaire I'm filled with a kind of tearful revulsion.

[–] [email protected] 8 points 10 months ago

"Reduce the 'headcount' but profits must not decrease by one single penny."

Said no one who understands how businesses work, ever. If capitalism actually worked the way these people claimed it worked, we wouldn't have so many idiot billionaires.

[–] The_v 8 points 10 months ago (1 children)

Hmmm.... I get a certain vibe from this letter. I swear I have seen it somewhere before

https://imgflip.com/s/meme/Zorg.jpg

[–] [email protected] 7 points 10 months ago

Markdown link is the other way around [text](link)
On lemmy, you do it like this so it embeds inline:
![](https://imgflip.com/s/meme/Zorg.jpg)

[–] [email protected] 8 points 10 months ago* (last edited 10 months ago)

I feel like there aren't enough heads turned on investors who could care about employees even less than companies do.

They even have more bargaining power than any employee or protester to make the company do what they want.

[–] [email protected] 5 points 10 months ago (1 children)

Summarize the letter into one or two sentences and read it in Mr Zorgs voice.

Yup, spot on.

[–] [email protected] 5 points 10 months ago

Jean-Baptiste Emanuel Zorg

I know this added nothing but I had to get that out.

[–] erranto 5 points 10 months ago

What these big giants were trying to do is scoop up as much talent as possible so they don't end up at a competitor, even if that meant some employees would be getting very light workloads. that's one of the many reasons too Google keeps starting new projects and killing them a few years later.

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