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by nickpinkston
461 days ago
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Though you'll need to deduct a lot of SG&A, etc. overheads from that as well, and it often looks far worse. Big Tech companies (ie ones close to monopolies) still extract a ton of net cash flow that ends up going to investors and top management, though you could then ask why those monopolies extract cash from their customers as well, etc. My worry with tech unionization is that generally it slows productivity increases and change. I get why bus drivers, etc. in stable systems should organize and could do so without adversely affecting system performance, but in tech/startups, I don't think those companies would exist in unionized form for very long before being put out of business. Now they're just saddled with too much bureaucracy and politics, and that's already led most of them to underperform, at least on an innovation basis. |
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Do you have examples?
> Now they're just saddled with too much bureaucracy and politics, and that's already led most of them to underperform, at least on an innovation basis.
Who?