Ezekiel 25:17
Veteran
What do you do now?
Billionaire tells story of why he fired 12 floors of people.
- Thread starter Ethnic Vagina Finder
- Start date
What do you do now?
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
He's not famous for having money
property management and contracting. taking care of client properties, sometimes finding new clients. work with landlords and organizations that have numerous properties. most of the time I'm investigating rental properties between tenants to make a list of work to be done.
He fired folks not bout dat life. I bet anything bronem would have offered to rehire me once them 5.56s came through that windshield.
Voice of Reason
Veteran
This dude is a piece of shyt I'm familiar with him from watch MSNBC
TaxCollector13459
2018 Coli Rookie of the Year
Same people made at him look down at retail workers for wanting higher wagers when they are more valuable to the companies the work for than these poeple jobs who basically did nothing and wasn't needed
most of those big corporations are like this, have a bunch of employees they don't need, corporate welfare is real
most of those big corporations are like this, have a bunch of employees they don't need, corporate welfare is real
Just going based on the video and what he is saying at face value but I don't see what he did wrong. Corporations are always looking to trim the fat. If you ran a company, shouldn't you want to know what an ENTIRE building worth of people are doing to help the company? How many millions of dollars of salaries are perceived to be wasted and those workers can't seem to justify their jobs properly to explain it to the new boss so he can understand. Mind you he said in the video that the company wasn't doing well. He is looking to run more efficiently.
My company literally got rid of a ton of staff functions and besides some small hiccups at the beginning, it's running fine without them. The extra work load got spread out.
Looking at it on a smaller scale, If this was a struggling small mom and pop operation and they realized they don't really need 7 cashiers. Would we look down on them for cutting the cashier employees down so they can benefit from the extra cash flow to keep the business running? If the store gets busy, couldn't they just have the stock guy in the back come out and run the register for a bit...do they really need the extra manpower on deck? Mind you in the video case this is most likely salary positions and not hourly where they get paid their full check every time. Business wise I would do the same. And since he said he still owns the company it means it's still running.
My company literally got rid of a ton of staff functions and besides some small hiccups at the beginning, it's running fine without them. The extra work load got spread out.
Looking at it on a smaller scale, If this was a struggling small mom and pop operation and they realized they don't really need 7 cashiers. Would we look down on them for cutting the cashier employees down so they can benefit from the extra cash flow to keep the business running? If the store gets busy, couldn't they just have the stock guy in the back come out and run the register for a bit...do they really need the extra manpower on deck? Mind you in the video case this is most likely salary positions and not hourly where they get paid their full check every time. Business wise I would do the same. And since he said he still owns the company it means it's still running.
This dude not being totally forthcoming and likely already looked into downsizing and selling the lease before he brought the company. All the numbers and shyt being ran beforehand when you acquire a company and you already got strategies in mind.
That said, that shyt is par for the course. When a company get acquired and a merger happens, which really be technically acquisitions cause most of them don’t be 50/50. But when they happen, it’s always gonna be a lot of scrambling and positioning by people…especially those who know damn well they don’t provide no real value. And it’s always gonna be a good number of those people. Whoever made the acquisition always gonna fire a lot of those folks. The execs and managers who good at networking and the politics game, but wasn’t really providing any value find ways to position they self to be kept on board.
That said, that shyt is par for the course. When a company get acquired and a merger happens, which really be technically acquisitions cause most of them don’t be 50/50. But when they happen, it’s always gonna be a lot of scrambling and positioning by people…especially those who know damn well they don’t provide no real value. And it’s always gonna be a good number of those people. Whoever made the acquisition always gonna fire a lot of those folks. The execs and managers who good at networking and the politics game, but wasn’t really providing any value find ways to position they self to be kept on board.
This is the kind of soulless capitalism that put America in the situation it is in, and we will not recover from. There was a time in America, strictly on the business side, not social, but business wise, where the “billionaires” (inflation suggested) actually had “embarrassment of riches”, realized that they had more money than they could spend, and got together to pump their money into social services/humanitarian philanthropy. Nowadays they are all soulless fukkfaces who look at it as a competition with other billionaires, and celebrate the fact that they value money over humanity. It’s a fukking disgrace
Ethnic Vagina Finder
The Great Paper Chaser
If probably didn't explore cutting upper management/CEO compensation and bonuses either.
This was a rail car business anyway. Which isn't a money maker anymore.
