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by dauertewigkeit
686 days ago
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US corporations have become so large, they have started to function internally not unlike the fully fledged managed economies of the USSR. A bunch of MBAs acting as petty dictators hiring and firing at will, driven by nothing more than a few financial indicators and their intuition, i.e. they are making it up as they go, just like Stalin and Mao were doing back then. |
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I understand it makes sense financially and that once companies become that big they are essentially playing two game (what they do game, with the workers, and what they're worth game, with the investors), but this really doesn't help with the dissociation more and more people are feeling between the stock market / modern management of companies by mba on one side, and their "real" every day live on the other.
I'm very lucky to be well off enough to not have to worry about things like that anymore, but I can't imagine the rage you must feel when fired not because you made a mistake, or are bad, or your project failed, or your division is doing poorly, or your company is, but because someone decided the employee ticker must reach that number, and now if it's not done the market will decide it's a failure, so you won the inverse lottery.