Comment Re:Allow me to respond from the perspective of an (Score 1) 614
These are all well and good valid points, but allow me to respond from the perspective of an Executive, as I'm privy to quarterly and yearly financial reviews at the company level.
Thanks for your insight.
As overworking employees tends to lead to poor morale and people leaving for greener pastures, increasing headcount means increasing COGS and OCOGS beyond what current revenues and profit margins will allow for, often the only alternative is to go to the Indian contracting houses and outsource IT personnel because middle-aged experienced native IT people are a massive cost center to the company. And that's not even taking into account the "good enough" expectations of clients who don't need perfection in their expectations of the product/service being delivered, or the banks who monitor the company's EBIDTA because they provide the operational cash flow, or the Wall Street analysts that work for momentum stock-preferring investment houses and watch expenses like a hawk, and whose recommendations or condemnations can trigger hordes of angry calls by shareholders straight to the CEO--and let me tell you, the REAL power in America is concentrated in the shareholders.
I highly doubt Disney is in a cash crunch considering their CEO receives $29 million in compensation as of 2009 with a base salary is $2 million, and as of last year, receives $45million. How many IT workers is that?
Disney’s net income rose 22% last fiscal year to $7.5 billion and revenue rose 8% to $48.8 billion, driven by the blockbuster success of “Frozen,” as well as significant growth in theme parks and consumer products, along with an end to long-running losses in the company’s interactive unit.