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Message 54 of 56
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Because employees don't matter
Those meetings with charts about quarterly profits are the most important thing.

Over the course of time, the employee has become the "enemy" of the corporation, from the view of management, and the stockholders. Like it or not, they want to get rid of you if at all possible, because each employee paycheck represents lost profit.

And since the cycle is the next quarter's profit, there is a strong incentive to get rid of people and quickly. Even if it harms the company long-term. Look up the history of Westinghouse.

The big problem in all this is that eventually a company is wrecked, possibly a takeover target. But it doesn't matter to the stockholders, they made their money and are moving on to their next pecuniary extraction.

How enthusiastic can a person be when their goal is to get rid of you?
Posted by mjc5@...
8th Aug