tag:blogger.com,1999:blog-6399730406480392183.post6937175895138157859..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: CEOs - The More You Cut, The More You Get PaidA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6399730406480392183.post-6478183287731777402011-01-27T14:23:11.462-04:002011-01-27T14:23:11.462-04:00You forgot to mention Mr. Sanjay Jha, from Motorol...You forgot to mention Mr. Sanjay Jha, from Motorola. Seems he was hired from Qualcomm to just lay off people. When Motorola was in the dumps, he made $100 million (yup, that's the number). He laid off tens of thousands of Motorola employees so that the current employees at Chicago and San Diego can work 18 hour days and he can show some profit to the shareholders. Well, can't blame him - the shareholders don't realize they too work for some company and those who hold shares of the company they work for, want to see profit. So, it's the vicious circle of life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-67570777412201379912011-01-03T23:37:18.808-04:002011-01-03T23:37:18.808-04:00"This is insane. Are you suggesting that thes..."This is insane. Are you suggesting that these companies should keep on more workers than they need? The goal of the private sector is not to create jobs, it's to provide goods and services in the most efficient manner possible. Typical left wing opinion uninformed by any sense of economics."<br /><br />No, you are insane, and you're ignoring the fact that work is being shipped overseas. This kind of inequity is bad for society in the long run, and history has proved that again and again. Eventually we'll either revolt against these fat cats or we'll turn into a banana republic. If the right wing gets there way, it will be banana republic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-84901909535687292822010-12-31T09:37:37.700-04:002010-12-31T09:37:37.700-04:00If I owned a business and could get slave labor to...If I owned a business and could get slave labor to do the work for me by moving my company to a poor section of Jamaica and firing all of my American workers, that's not necessarily a better thing for the American people. We need to see why it's cheaper to do this and why there are no tariffs or taxes paid on those expenses for companies that do this. If companies produce products overseas to avoid paying payroll taxes, they should have tariffs imposed on their products to prevent a cost savings.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-71688150616464719842010-12-15T09:15:28.576-04:002010-12-15T09:15:28.576-04:00I work in IT for a large company that is off shori...I work in IT for a large company that is off shoring a great deal of our work. We've had servers go down due to the lack of ability of our off shore resources. We are asked to support more and more systems with less resources. Benefits and perks have been cut, all while we are making record profit. The CEO and upper management keep getting huge bonuses and stock options while we get raises delayed and benefit cost increases passed on to us. Many of us would leave to work somewhere else, but there are not that many jobs left. The ones that are left do not pay as well. There was no jobless recovery. We have created millions of jobs in China, India, and other places around he world while screwing the American employees that worked hard to build these companies. This is not a labor productivity gain. We have less employees. Everything seems to be an emergency now, because we do not have enough resources to get the work completed. Internal projects are being escalated to attempt to grab enough employee resources from the shrinking pool of employees. The books look good to the outside world, but the employees are under so much stress that we are beginning to question how much more of this crap we can take. When I started at this company over 10 years ago, it was the best company I ever worked for. This change has happened at many large companies in the US over the last 10 years. We are in a trade war that the government refuses to do anything about. As long as the CEOs keep pushing for this and getting paid more for it nothing will change. What happens when we do not have enough income to support these large companies here?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-7504575071277111752010-09-05T09:55:35.622-03:002010-09-05T09:55:35.622-03:00If they're doing the same work with fewer work...If they're doing the same work with fewer workers, then we as a society have just scored an important labour productivity gain. The laid off workers will have to find a more competitive way to use their skills. Too bad for them in the short term, but in the long term, this is the process by which everyone's living standards are raised.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-1542979331717232472010-09-04T14:05:51.954-03:002010-09-04T14:05:51.954-03:00Anonymous,
Obviously you've never been deemed...Anonymous,<br /><br />Obviously you've never been deemed redundant. Companies are not just cutting fat, they're cutting workers and forcing those remaining to work harder to make up for the productivity of those that have joined the ranks of the unemployed without any additional compensation.<br /><br />Your thoughts are those of a CEO...A Political Junkiehttps://www.blogger.com/profile/03342345936277964422noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-21876070702743190112010-09-04T09:51:30.643-03:002010-09-04T09:51:30.643-03:00This is insane. Are you suggesting that these com...This is insane. Are you suggesting that these companies should keep on more workers than they need? The goal of the private sector is not to create jobs, it's to provide goods and services in the most efficient manner possible. Typical left wing opinion uninformed by any sense of economics.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-42931315500258563942010-09-03T21:25:15.661-03:002010-09-03T21:25:15.661-03:00What's good for the shareholder (the bottom li...What's good for the shareholder (the bottom line) may not be good for the country: little picture, big picture.<br /><br />Good article, surprising report. Then again, is it really all that surprising?William Quincy Bellehttps://www.blogger.com/profile/14337095766556949027noreply@blogger.com