Great Recession Transforms The Workplace["We're In A Very Deep Jobs Crisis..."]

AP Report ^ | September 27, 2009

[StolarStorm]

FYI, this is getting personal to me as an Indian company is thinking about buying the company I work for. Knowing how Indian firms operate I know darn well that not one native born American will be left if they do buy us.

They will outsource what they can back to India and local field jobs will be filled with visa holders. And I'm not even working for a tech company ... just a normal company with operations HERE in the USA.

India is engaged in economic warfare with the United States and most are too ignorant to realize it.

I'm praying real hard that our corporate execs don't sell us down the river.... but they probably will because that's the kind of people running companies now days.

[StolarStorm]

You do have a point. There will be a pull back after stupid generalized layoffs. My company laid off far more than was wise recently in an across the board cut, and I know we will be forced to hire again soon just to keep operating.

But it got the execs a short term bonus... so it all worked out for them. LOL.

Heck just last week I heard that we would have to hire a bunch of SAP people to fix some things, at much higher costs than the people we just laid off. (and they were good people too, not dead wood FYI). I'm starting to think that most executive have brain damage.

[dalereed]

I’d just move the company to another country.

Business has only one function, make a profit!

[StolarStorm]

Exactly! Thats why we as Americans who are interested in a strong America have to get laws passed that make it profitable for companies to stay here and keep jobs here.

[Clemenza]

We call them "corporocrats."

Even wise senior management can fudge up with their "proteges." David Komansky was a fine CEO, while his hand-picked protege ran my former place of employment into the ground (ie a subsidiary of a certain a-s clown bank in Charlotte). What kind of fool buys a subprime lender just as the bubble popped? Stan O'Neal, THAT'S who!

[StolarStorm]

Business has only one function, make a profit

I do have to disagree a bit with this though... large corporations owned by many shareholders .. tend not to focus on profit, but to focus on profit for the people running the company.

Its not about the shareholders when the shareholders are mostly uninvolved short term owners, its about how much money the top folks running the company can squeeze out of the company before they leave.

Anyone who works for a fortune 500 can attest to this.

[StolarStorm]

My next gig will be as an independent, or working for a small company btw. I’ve had it with large corporations. Many of them are run worse than the government and are about as corrupt.

[algernonpj]

FYI, this is getting personal to me as an Indian company is thinking about buying the company I work for. Knowing how Indian firms operate I know darn well that not one native born American will be left if they do buy us.

Yup. People seem oblivious to the fact that India is a racist, socialist, caste driven (mainly third world) country in which women are still burned as witches. Indians believe replacing Americans on the job site is just being loyal to Mother India.

Interestingly Indians who worked very hard to came here ~ 30 years ago, pre H-1B and L-1, came to escape an environment in which their caste limited their ability to advance.

[algernonpj]

I do have to disagree a bit with this though... large corporations owned by many shareholders .. tend not to focus on profit, but to focus on profit for the people running the company.

Excellent point! And remember profits for those running the company are calculated quarterly, not long term. Add that to the 'golden parachutes'...

[StolarStorm]

I think replacing Americans may be driven more by family loyalty than country loyalty. In a former job, we hired an Indian who then proceeded to hire a bunch of other Indians (no members from other groups AT ALL). They had different last names... but then we slowly became aware that they were ALL related, every last one of them.

No ethics at all. That was a bad scene.

[Clemenza]

Nepotism is a problem in India itself, as any Indian will tell you.

[algernonpj]

Interesting point. Caste and tribal loyalty.

Plus again their ‘ethics’ are not ours (judeo-christian).

[StolarStorm]

There needs to be mandatory business and cultural ethics class taken by all immigrants and visa holders. Many seem oblivious that they are doing anything wrong when confronted about such things.

[Jimmy Valentine]

"means-test benefits."

Agreed as to all of your points except the mark to market rule. Creates too much volatility.

As tomeans testing, oh boy. Do we have the stuff to do what that will take? Tough medecine

[algernonpj]

Uh Oh, the PC police are going to get you.

[Darth Reardon]

to do exactly what the Declaration says we have the right to do - institute new Government.

Why institute a new one? Why not let the 50 states go their own ways? They're strong enough to stand on their own now. Some would probably choose to band together in new unions, but some might stay independent.

50 states, actually competing instead of collaborating. Not an EU, or even a NATO, but 50 individual states, with any contracts, alliances, etc, done between individual states.

If the state of New York should choose to do so, boot out the UN and use it as a place for the states to meet and talk about things, but give the thing absolutely NO power (notice I didn't give it a name, or even refer to it as anything but a thing, as I can think of no term that doesn't imply some power to take action).

A guy can dream. Here in the real world, I'd happily settle for just having a country run by the rules.

[OldPossum]

“Kids today better go after engineering skills. The day of the libtard art major is over.”

Does your magic wand come with that recommendation?

Perhaps you have overlooked something. Acquiring an engineering degree (or skills even) requires a genuine talent for mathematics and not everyone—indeed, damn few—have that.

So, perhaps you might want to qualify that recommendation.

[eyedigress]

OK! Anybody wanting to get ahead better work their ass off. Otherwise you fail.

[OldPossum]

That’s fine. I have no argument with that. I do hold, however, that one should gravitate to professions for which they have the talent to succeed.

[LuvFreeRepublic]

People don’t pump out kids just so they have a deduction. Good grief!