Publicly traded companies have a lawful obligation to increase profits for their shareholders. It's why black rock sued United Health because they paid out too many claims. Because **** people, we trying to make money.
Yup … one thing I absolutely could get on board with the Dems on is better protections for workers like they have in Europe (TUPE, etc) I’m not talking about the Marxist/Communist wet dreams of workers owning the means of production BUUUUUUUUT there is just something wrong with record profits, recording executive salaries and bonuses, all the while wages haven’t kept pace with the rate of inflation, and conducting massive layoffs.
I take my shots at GenZ and young Millennials, but … their approach to their careers and how they treat employers??? Especially corporate employers????? … they ain’t wrong ….
my old GenX *** believed the lie that if I was loyal to the company, that if I worked hard, took on additional responsibilities, that I would be rewarded and the company would be loyal to me. 24 years … only professional job I ever had … worked my way up … never had a bad review … numerous promotions and awards. Specifically recognized at all hands town halls. Travelled the world, sometimes with only a day notice … I honestly thought the day that I retired, that a luncheon would be held, coworkers would congratulate me, I’d get some lame clock to put on my mantle … and I’d give some speech … thanking the company for all they did for me ……. NOPE …….. I was gone in 6 minutes, all network access terminated within 9 minutes … didn’t even get the opportunity to write a farewell email …..
As it turned out, the layoff was the best thing to happen to me in my professional career. Ended up in a much better place, more money, MUCH better work/life balance … and just the realization that I had been taken advantage of and GROSSLY underpaid for at least the last 10 years.
I’m thankful for the opportunities Raytheon presented me … like I said, I got to travel … A LOT … I got to see the world, experience other cultures, expand my world view, and establish personal and professional relationships that will last a lifetime…
but … ya …much much much happier now and I’ll do my darndest to never work for a publicly traded company or one that is owned by private equity ever again.
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