Wait lol you're also just another person telling me how it works, just like everyone else I'm referencing. Why should I dismiss them but believe you if you're saying I need first hand experience.

The people I'm talking about have done it too. Your experience holds no more weight than theirs

Im not telling you to dismiss them and believe me. I am giving you additional perspective as well as calling out the fact that your previous statements arent coming from experience but from second hand knowledge.
Then any smart and logical person can deduce what might the best path of action in the world of corporate america.

I mean the layoffs I've seen happen in front of my eyes would suggest its not about performance most of the time either. If anything it seems seniority or salary. Its a cliche but I've seen the guy that bust azz the most be the one laid off. Maybe they were making more money though who knows

people that bust azz aren't always efficient. You can work hard all day long and still not get enough done.

true but as you said the guy who at least tries hard probably is the one that deserves a chance to grow.

I didn't say anything about ingenuity. And I didn't say 99% of the population are lacking skills.

It's not a myth, it's been studied by top schools several times. Enron, no you are correct they cooked their books. But at the time of that scandal there was a, for the lack of a better word, witch hunt to find other corps/execs that were pulling similar shenanigans. How many did they find, a dozen? Not even. There are over 5,000 companies on the NYSE and thousands more on the other exchanges and they found a dozen that were problematic. So that wasn't exactly a widespread issue. The other companies continue to perform to shareholder expectations so yea, the top executives were well worth their compensation or they get replaced.

It wasn't until the middle class began investing on a large scale that we began demanding executive pay to be tied to corporate performance and that is when their pay skyrocketed.

Yeah people started getting laid off at my job a couple years ago and they were all people that had been there for a long time

They just pushed them out the door

This is misc, not reddit, ****get. Use their gay buzz words to describe their retarded worldviews on their own cesspool website thanks.

Go back to starmfrunt and take their racism with you

let's say, and there are tons of these out there, he tries hard but isn't accomplishing what is expected. Not being fired is the chance to grow. but when downsizing, he's a logical choice as he isn't meeting the expectations.

I needed that bonus op. I wanted to build a new lake house this year and I'll need a boat to go along with it. Sorry you got laid off. Maybe you can apply to the construction company building my lake house.

10kday isnt enough you greedy fuk? just lol at america

Yea that makes sense I was just responding to the guy who said he would ideally want to keep the ones at least putting in the effort. even they get cut as soon as its necessary

can I ask you something legitimately?

Do you like what you are doing? Are you on a career path that fills your needs?

Dont like what I do, dont hate it either. Its just a job that pays me enough that I can have some of the things I want. But I honestly cant imagine doing this for 30+ much years.

Im not the type of person that will ever have a job I actually like, I just dont enjoy anything I could ever make a career out of. Just another reason Im aiming to die by 40.

Same and idk how people enjoy their monotonous jobs. Literally doing the same thing all day every day. How are people enjoying this?

It's basically just literally rotting unless you're a tradie going out and building chit. At least you get fresh air and can see different chit. Other jobs are lame af tbh

Now is a good chance to get rid of non-performers. Who always seem to get better jobs actually. I see them on linkedin and they all moved up to better positions with better pay.

My dad got laid off a few years back and got a massive bump in pay, crazy equity growth and double pay for like 4 months basically from severance + new job.

I got laid off in Covid and got a job with more pay, better benefits and fully remote. Then I had an even better offer and went to that.

You gotta go get yours in this economy OP.

Oh dude I totally get that. I have often said I would never try to create a business out of something I love because then I'll hate it. Except maybe if I start doing OF.

I have seriously considered quitting my job to become a mailman cause the walking would be good for me and I could still get a government pension by 65. But I question if the USPS will even exist in 20 years so the paycut might not be worth it

First of all I said that.....but to the point.....it depends on a lot of factors (as I was thinking the same thing Cleveland 33 was)

a. The hardest worder doesnt always provide the most impact. While I do believe there is a lot of corp BS going on, often times while it may be perceived that Corp Execs are not working hard......they are still adding value to the company and that is what matters

b. What I said was in context to two people, in similar positions with different attitudes about the position. If they are close in productivity, but one is hard working but on the lesser output as someone who is not as hard working, higher producing but doesnt care.....then i am choosing the person with less output/harder worker. That point supports the fact that not everything is solely dependent on black and white numbers when it comes to layoffs. Thats why managerial feedback sought after.

I don't see how this is late stage capitalism.

Going by the article, the company overextended when things were rosy and capitalised too much (i.e. brought on too much staff), reducing staff/expenditure during a downturn is just normal market forces. If this results in greater profits, this means more dividends for shareholders who will naturally reward the execs for it. Think of it this way, those new staff jobs should have never existed in the first place and the individuals employed in such capacity already have a net gain equal to the period of employment.

Late stage capitalism is when lobby groups formed by a few well capitalised individuals influence decisions that is against the greater good of your country and people for their own profit maximising benefit. e.g.

- Lobbying lawmakers to eliminate laws that prevent foreign countries from buying strategic utility assets (i.e. your telecom, electricity grid, gas, internet stack etc). Think China acquiring internet infra, ports etc.
- Lobbying lawmakers to introduce regulations that ponzify real estate (i.e. relaxing foreign investment, planning regulations in cities that prevent high-density development, low land tax, allowing people to own multiple properties in capital cities, allowing people to buy properties through superannuation funds at a reduced tax rate, allowing rental expenses that exceed rental income to be claimed as a income deduction).

Late stage capitalism is just early stage socialism.

Capitalism leads to corruption. It's a flawed system due to human nature. I've been trying to tell capitalist nuthuggers this for years.

The best way to solve the world's problem is remove human greed from the equation. We should be reasonable, e.a. you can own a nice house and nice cars, but there's no reason to own a $15 million dollar yacht, alligator jackets, etc.

cant change raw human nature though lol

ScamFranklin plz only post from one account

sorry, what problem does that solve? And how do you solve the problems that create?

Through laws and discipline you can. Don't get me wrong, there should be a lot of incentive to do well in life, e.a. a Mansion, nice cars, and luxury vacations. But a yacht, speed boats, and a golden toilet aren't needed. Carving up animal skins to wear isn't needed. $500 steaks aren't needed.

It's all greed and vanity and needs to be destroyed.

-More fair politics for the lower and middle class.
-Resources are spread out more
-Less poor
-Workers are paid more
-More time with family vs. Slaving for the mighty dollar
-Less debt. Less stress

Of course a lot of those fall on personal choices, but I believe in 'indoctrination' and brain washing. We need to teach People and hold their hands to grow up and not be greedy and vain.

That's the finite pie myth. Capping someone's wealth doesn't mean other people get that money. To achieve what you are talking about, you would have to encourage people to succeed then forcefully take their wealth from them and redistribute it.

America is a country with the highest depression rates. While people in simpler less luxurious countries are often happier.


Social media and Capitalism has done a number on people

Intentionally homeless is gaining ground as a legitimate lifestyle for millenials and zoomers right now.

If you can make it work, it's actually quite patriotic.

The only way to save the country in the long term is to crash the economy ASAP, essentially letting air out of the bubble.