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Baldur Bjarnason

Don’t come at me with that “they’re actually competent because it raises stock prices” bullshit, not unless you want to get blocked or muted for spouting utter nonsense

Their job is profits AND stock prices. Both. These clowns are all utterly awful at their jobs and you people who keep saying they’re competent are providing cover for rich assholes who are so stupendously bad at their jobs that people genuinely can’t believe it’s unintentional

It isn’t. They’re clowns. You’re covering for them.

6 comments
Baldur Bjarnason

I can’t believe I have to say this.

Doing something that harms your job to further your own self interest IS NOT COMPETENCE.

It’s the other thing. The opposite. Competent executives do their ruthless 3D chess without harming the operations of their organisation.

Ask yourself, why is your first instinct to cover for a bunch of rich assholes who manifestly keep screwing up at their jobs?

Baldur Bjarnason

Also, these companies are doing multiple rounds of laying off thousands of people. The effects of a mass lay offs is a completely different phenomenon from team- or department-level inefficiencies or restructuring.

Tqft

@baldur who authorized the headcount they're reducing?
The dishwasher. I didn't know what I was doing, or did it without a plan, so now you have to suffer because I am clueless.
How do they keep they're jobs?

DELETED

@baldur
I agree, I hope the people laid off can find nice jobs, it seems to be a lot at the same time. C-levels in US megacorps seem to refuse questioning their own work and dogma. Big shareholders being pension funds and other big finance players, the accountability is so diluted no one actually cares if they destroy the company as long as it is slow enough that their portfolios don't suffer.

Schroedinger

@baldur I would argue that their job is also long-term viability of the business. Which means it needs to provide the services properly.

Layoffs at this scale are the opposite of this. They are an indication that the business is failing.

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