Hey, I wanna sell Alphabet stock. Make the balance sheet look good so I can unload!
Work Reform
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
This guy looks like evil John Oliver:
Lol there's a stub titled "investor activism" under which this letter falls under. Jesus fucking christ, when you're a billionaire it's not "activism" it's just straight up human manipulation
A sign of morons and psychopaths being in charge of the world's largest companies is that they have access to more talent and manpower than they can even use. Expanding operations would be a clear solution, even if no longer at economy of scale they will produce more revenue in diminishing percentages. It's like being both Rome and the Barbarians.
Why is Hohn dictating to Sundar and why is he listening to him? Shouldn’t Sundar know and decide whether Alphabet has enough employees or not?
Remember when a rich asshole got an itch to see the president of a university fired and just crawled up her ass until it happened? Sundar knows what someone with resources and a grudge can do to your career.
Every time some boneheaded CEO follows the whims of these billionaire types, the press should start running articles as though the company's days are numbered.
"More sudden layoffs! Is Google worried about its own long term prospects?" ... "Google's stance has changed from cutting edge innovation and growth to shoring up its flagship products in the hopes it can weather the storm. Battening down the hatches is the order of the day, and anything not deemed ship shape is left to flounder until it sinks." Cite that most companies only cut staff like that when they're looking to artificially inflate their valuation for some reason. Question if the impact of any recent bad moves are worse than expected.
The press should circle layoff-prone companies like sharks until they stop listening to stupid advice.
Make them stop and THINK about what they're doing first. Teach the people in charge how to recognize when they're being manipulated.
We give CEO's entirely too much leeway to do incredibly dumb shit.
Carly Fiorina, John Roth, Frank Dunn, Mike Zafirovski, I don't know if John Riccitiello is it at fault for the unity debacle, but he should have been able to stop it, John Wendell Thompson, Bob Allen, Kenneth Lay, John Sculley, Stephen Elop (How the fuck do you destroy NOKIA?!?!), Martin Shkreli, Carol Bartz, Leo Apotheker, the list is ENDLESS.
C levels have too much power to make RADICAL decisions and the fact that boards of directors are broken-record-skipping on the words "short term profit" is what keeps causing it to happen.
The billionaires and other CEO's are on Ron Vachris' ass every time there's a group call because he keeps making them look bad, but he's proven that his way is SUSTAINABLE.
It's time to nudge things back into healthier directions.
Sundar Pichai getting roasted by his peers for not being hardcore enough lmao.
"You barely emaciated the livelihoods of any workers this year, Sundar. Lookit how happy your employees are, it's a fuckin disgrace, mate. Take a look at the stock price. It's fookin depressed mate!"
"This thing employs people who produce AMAZINGLY profitable and world famous stuff."
"It also has way too many people working on producing stuff, based on my analysis which began and ended with counting up how many people and what it costs to pay them."
"Time to kill the people. Then it'll only be the profitable stuff, and none of the cost of the people. I'm amazed no one has realized this yet."
Edit: Honestly, he's not exactly wrong. My fairly-uninformed impression is that the structure of Google is that a relatively small search-and-Youtube advertising department brings in an absolutely unending river of money which can be used to fund pretty much whatever the rest of the company feels like working on. I still feel that it's pretty unlikely that his assessment is based on a full understanding of how the company got to its present dominant position and how to properly steward the whole thing along in a stable fashion. I think he wants to wring it for any dislodgeable pennies like a swollen udder in the hands of a meth addict.