Comment Re:Tsk. And they wonder where employee loyalty wen (Score 1) 331
In layoffs like this, the bottom is cut, but the top leaves because of the lack of security for the next wave. The only way to compensate for this is to raise the wages of the top 20percent, which immediately puts them on the hit list for the next round.
Either way the company can't get the experience and training they just lost back without incurring a huge expense. So its a tumble down the hill unless they find a way to make more products with a 300% profit margin to pay for the upper managements salaries, bonuses, and stock options.
The new Power8 core prices and performance are amazing, but they have no marketing genius to make the sales. Wonder where that went.
I do a lot of business with IBM.
I made a case a few weeks ago that this constant hiring of foreign nationals that are "Easy to manage and cheap". Means you just hired a crap ton of half baked yessmen. In 10 years at the company when the American perspective is gone, all you have left is to promote these folks with "experience". You end up with yes men all through the development and engineering teams, all very pleasant people mind you. In the end, just like with the Commador Amiga management, you get mediocre, not quite good enough, and definitely not innovative next versions or high demand items.
The idea that we will just hire experts in our speciality employee from somebody else, is just asinine, but after moving around quite a bit through this economy, I've discovered most managers either do not care or do not understand the core issues.
Either way the company can't get the experience and training they just lost back without incurring a huge expense. So its a tumble down the hill unless they find a way to make more products with a 300% profit margin to pay for the upper managements salaries, bonuses, and stock options.
The new Power8 core prices and performance are amazing, but they have no marketing genius to make the sales. Wonder where that went.
I do a lot of business with IBM.
I made a case a few weeks ago that this constant hiring of foreign nationals that are "Easy to manage and cheap". Means you just hired a crap ton of half baked yessmen. In 10 years at the company when the American perspective is gone, all you have left is to promote these folks with "experience". You end up with yes men all through the development and engineering teams, all very pleasant people mind you. In the end, just like with the Commador Amiga management, you get mediocre, not quite good enough, and definitely not innovative next versions or high demand items.
The idea that we will just hire experts in our speciality employee from somebody else, is just asinine, but after moving around quite a bit through this economy, I've discovered most managers either do not care or do not understand the core issues.