Who is holding the ELT accountable?
Why is it just IC's getting let go?
I didn't want to switch to unlimited VTO. But I get no say?
Why should we lay off people instead of retraining people. We know those people are good employees. Why rehire?
There are so many questions I have, that won't get answered because I am just a simple developer. Ridiculous. Chuck doesn't have to worry about his mortgage - he is sitting on a 35 million dollar deal! I hope we can organize.
Blackrock is a bastion of woke DEI? They're consuming the world, not coddling it. Do you have rocks in your head?
The ideal solution is a board that holds Chuck accountable. That’s how it’s supposed to happen. Unfortunately for us, these dolts are asleep at the wheel. They must not own enough stock to care that Chuck and Fran are running this company into the ground and turning it into the networking arm of the DNC.
It doesn’t help that Chuck and Larry Fink are bffs (Chuck is on the board of Blackrock). I wouldn’t be surprised if thi woke circlej--kplus the WEF cabal is insulating Chuck from any real accountability.
Imagine if a city only had 2 or 3 restaurants. The lack of competition would lead to lackluster food.
I’m not saying competition is bad. Just wondering how you get 50 companies making 5th generation fighter jets?
Clinton ki-led US manufacturing with one word: NAFTA
The fact that a search in this thread for the string "invest" turns up nothing when companies legally act on behalf of the investors suggests no one here has a clue.
I think you've confused "unions" with Ronald Reagan and Bill Clinton.
Stop thinking and look it up.
A quick check at https://www.bls.gov/opub/btn/volume-9/forty-years-of-falling-manufacturing-employment.htm shows it dropped slightly from 18.6M to 16.8M under Reagan and HW, went up slightly to 17.1M during Clinton and then collapsed from 17.1M to 12.5M under W where it then started rising again under Obama.
Why should we lay off people instead of retraining people. We know those people are good employees.
No, they weren't. Plenty of projects overran by a factor of dozens because of gross incompetence from top to bottom. The code quality has been objectively extremely poor for many decades, including the time when everyone was happily drunk on stock options as well as frequently catered food and booze. Despite the vast resources of the Internet itself few bother to learn anything even when confronted with their own lack of knowledge. Given people wrote cr-p software when "the salary was the bonus" I don't see how a union is going to grow earnings fast enough to justify keeping the incompetent employed forever.
Yes, Cisco has laid off good people as well but they not only land on their feet but keep running. This included people who both were laid off and who quit in 2008 because Cisco was so toxic it was worth jumping into the void to escape it.
You don’t even have voice without unions. Atleast union will represent the engineers and negotiate. They can also help employees who are fired or laid off for no reason.
First of all, it’s way more than ICs. I know directors of entire teams getting cut just this week. Even MM got snagged in the last one. The only people safe are ELT.
"Right, what you seek is central planning."
Imagine if a city only had 2 or 3 restaurants. The lack of competition would lead to lackluster food. As a corporate example... look at Boeing
Boeing wouldn't get away with this if they weren't allowed to acquire all their competitors.
minimum of 50 corporations competing against each other
Right, what you seek is central planning.
"Or, you can leave and go to another job."
Tell that to black people in the 1950s... or women that wanted the right to vote. That "just leave" mentality prevents any progress. Cisco is a corporation that relies on government funding and laws that prevent foreign competition.
Or, you can leave and go to another job. You don’t have to stay at Cisco. Not everything you dislike about a company can be magically fixed by a union. If you don’t like it, leave, start your own company and when your company is failing (if it is) then you can fire yourself and live out your principles. Just calm down everyone.
The unions would also become corrupt & unethical. Maybe the solution is competition?
Don't let corporations become more powerful than countries. Each industry should have a minimum of 50 corporations competing against each other. They'd be forced to treat employees like humans, and wouldn't have more power than the government.
The industry destroyed the unions. They didn't go away because they were bad for the workers and customers, they went away because they were bad for the execs.
The PRO act needs to pass and then we can get serious about a union.
"Why? Unions will destroy the industry like they destroyed manufacturing in America."
I think you've confused "unions" with Ronald Reagan and Bill Clinton.
Why? Unions will destroy the industry like they destroyed manufacturing in America.