Nice! Thanks.
Despicable
I know someone who worked a weekend event to show case a product and they did extremely well going nearly 15k in sales. They made $50 for the few hours it took to generate that. The amount of effort to prepare for this, drive there, waste weekend hours working is not worth $50. Especially with how much gas is. I don’t understand why people don’t just say no.
$50 sounds like a ridiculous commission under any circumstances. There are more numbers that we need before we can really judge the situation though. It’s not like $50 went to your friend and $14,950 went to their boss’s pocket. Surely there’s a cost to manufacture whatever it is being sold. Still, there’s no way that 0.3% is a reasonable sales commission.
They don’t get paid commission. Since people continue to work for companies like this and are OK being paid so little, nothing will change.
Yeah, I was gonna say, that sounds more being paid an hourly rate (at sub-livable wage, BTW) and $0 commission.
who works a sales position without commision?
Can’t be expecting the peasants to share in the success of their hard work! Better to fire them and rehire them for cheaper when they are desperate.
It’s an interesting case for leftists because there is no means of production to be seized. Nothing needed to create websites or apps is hard to get or proprietary. If anything, the means of production is capital itself, because only by paying people can you direct a lot of them to spend time on any particular thing. I wonder if communism has already addressed this case somewhere. I’m hardly educated on the topic.
Most of their profits are paid out to shareholders, like last year, and the year before that. Nobody should expect anything better from any capitalist corporation.
In some countries, this is illegal.
What countries? This is capitalism baby, only way to stop it is to have a union strong enough to fuck Up that record profit if the CEO even jokes a out layoffs.
Japan. Layoffs are extremely difficult to pull off there. You have to show poor performance by the individual involved, and the standards for that are very rigorous. The government knows that unemployed people immediately become their problem, so they just demand that if a corporation wants to employ someone, they have to be willing to enter into that in an open ended arrangement. So unions aren’t the only way.
America’s trick for this is to let the unemployed become their own problem! 👏
Wrong. The unemployed are just temporarily displaced slaves waiting to become homeless so they can be put in prison for poorcrime.
Exactly
This is capitalism baby
Other countries handle capitalism different.
my god we have so many layoffs this year.
we have so many layoffs this year.
And the year isn’t even half over yet.
Just wait until the full impact of Trump’s bullshit works its way through the economy.
The carnage will be felt for a decade or more.
This will continue to happen until sociopath executives see consequences.
Or, you know, workplaces organize and form strong labor unions?
The usual self-cannibalism game.
You better thank the Job Creators for the right to work, Serfs! Now go gratefully into the gig economy, singing the praises of Tr*mp.
Well if you don’t have to pay people then yah, revenue will go up for now.
Collect your bonus, get your stock, bail and move to the next job. Sell the stock before the damage you caused rears its head.
You guys, all those employees contributing to their huge profits were actually a liability and now they’ll be so much more efficient.
/s because people take sarcasm literally
“Correlation.”
Cisco can take their campus fabrics/DNA and shove it up their arse. They stopped trying a long time ago and IOS is still a pain to use.
We converted our medium-sized network to Ubiquity a couple years ago, everyone who has ever had to touch a config or deal with paying for updates is absolutely giddy.
It’s nowhere near perfect, but lightyears better than dealing with Cisco’s bullshit.
What is the logical progression to this kind of a thing. Is there going to be a turning point or is bottom a long long way to go?
I’m just brainstorming here, but do layoffs pave the way for hiring new grads at entry level wages, with more cutting edge knowledge?
Sure, that overlooks the loss of tacit knowledge that keeps the company running. I haven’t actually figured out yet how large companies can keep packaging out their senior employees that glue their disorganized systems together with undocumented knowledge.
That’s an interesting question. Either there isn’t much tacit knowledge in the company that they can’t put in onboarding documentation, or the company is focusing on short term gains at the cost of long term stability
