No problem! Executives don’t get fired – they’ll just close a factory or office or a few stores, and let the working stiffs go. And send the jobs to China.
I certainly agree about the CEOs being overpaid, power crazy and thinking they are actually right in everything they do (ever heard one admit they were wrong?) but expensive labor in factories and offices and government mandates make it easy for the CEO to cite these factors in moving the jobs elsewhere.
I worked for one company that just got bought out an installed a new CEO. Six months later, it was bought out again. The CEO was crying because his severance package was only $15 million.
I got a suggestion. We can outsource the CEO positions to India too. I’m sure there are plenty of qualified candidates who would be willing to do the job for 1/100 of the CEO’s salary.
I suggested to every elected official that if a company outsources jobs, it needs to pay a “head tax” of $1 per person per hour. So if they outsource to a 10,000 person sweatshop in China, they have to pay $10,000 per hour of operation. Which means they are effectively paying $1.89 per hour instead of 89 cents an hour.
The money the government makes on this program will go into job training here. So far, no takers
If you are the “little man” you should worry,middle men take the blame for the top man…..but when the company fails the top man sees to his needs first and everyone under the table…I mean under him….suffers.
palos over 10 years ago
Love the ones hiding under the table.
Can't Sleep over 10 years ago
No problem! Executives don’t get fired – they’ll just close a factory or office or a few stores, and let the working stiffs go. And send the jobs to China.
Meh~tdology, fka Pepelaputr over 10 years ago
“YES, we’re screwed!”
silverclaw33 over 10 years ago
@Nightshade09 Don’t know where you work, but I have seen 5 CEOs come and go over 10 years.
vwdualnomand over 10 years ago
yes-men will lead to mismanagement.
puddlesplatt over 10 years ago
and whatever you do…don’t make an item that will last, and have you checked the price of a Razor, my Goodness, where did I leave that ‘strop’
dabugger over 10 years ago
Treating people as people, human beings; might help. Have asked republicans to try that, but does not penetrate them.
NoCents over 10 years ago
I certainly agree about the CEOs being overpaid, power crazy and thinking they are actually right in everything they do (ever heard one admit they were wrong?) but expensive labor in factories and offices and government mandates make it easy for the CEO to cite these factors in moving the jobs elsewhere.
Gokie5 over 10 years ago
If you need cheering up after all that, see today’s Pajama Diaries at http://pajamadiaries.com/
In other news, at great personal loss, I am refraining from making a political comment.
garcoa over 10 years ago
Who is going to volunteer to explain this quarter’s results to the shareholders?
ChessPirate over 10 years ago
“Splunge!”
trying2keepup over 10 years ago
Splunge for me, too.
dflak over 10 years ago
I worked for one company that just got bought out an installed a new CEO. Six months later, it was bought out again. The CEO was crying because his severance package was only $15 million.
I got a suggestion. We can outsource the CEO positions to India too. I’m sure there are plenty of qualified candidates who would be willing to do the job for 1/100 of the CEO’s salary.
I suggested to every elected official that if a company outsources jobs, it needs to pay a “head tax” of $1 per person per hour. So if they outsource to a 10,000 person sweatshop in China, they have to pay $10,000 per hour of operation. Which means they are effectively paying $1.89 per hour instead of 89 cents an hour.
The money the government makes on this program will go into job training here. So far, no takers
Caddy57 over 10 years ago
If you are the “little man” you should worry,middle men take the blame for the top man…..but when the company fails the top man sees to his needs first and everyone under the table…I mean under him….suffers.
westny77 over 10 years ago
Playing hide and go seek. Seriously I had bosses that when they arrived I would hide myself.
pouncingtiger over 10 years ago
Splunge?
Hunter7 over 10 years ago
But… with no one to say YES! The meeting is OVER!….. Then they will never get a chance to leave and go home.