It's the MBA mindset, "Maximize shareholder profit, get paid yourself, get a
golden parachute, repeat."
I swear getting an MBA is just repeating "Layoff anybody who makes more than
the minimum" over and over.
-Curt
On Tuesday, July 20, 2021, 9:55:18 AM EDT, Jim Cathey via Mercedes
<mercedes@okiebenz.com> wrote:
Our company was bought, and really _was_ a valuable acquisition in
that our products, added to their line, were highly successful. Yet, there
were multiple layoffs. We were continually told that we were valued by
corporate,
and not to worry. That is, until they decided to close the office (what
remained
of our original company) altogether and move all support to India. (Useless,
as we'd 'trained' them several times, but nobody stayed there long enough to
remember/retain the training. All real fixes were still done by us.) _Our_
engineering staff was, IMHO, world-class. India's was just.... world market.
This is the same company that had decided to 'save' money by moving our
extensive
(and expensive) test lab, housed in an _owned_ building, from eastern WA to
silicon valley --- where space, labor, and power (significant) are _so_ much
cheaper!
They got rid of the building altogether, basically giving it away, and moved
the remaining
engineering staff to rented space. Fools.
A (very) few were offered work-from-home status, including me. I decided that
if I
was going to work from home, a _different_ offer I had on the table, in a
different
industry, was far better. A nice family-run business instead of lying
corporate asshats.
Screw them. Now I work for a theme park rather than the telecomm industry.
Good luck, you'll probably need it.
-- Jim
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