NGL, I’ve been training for the hunts of the upcoming, “bunker era”.
The parasites are killing their hosts.
Demanding infinite growth in a finite system is the definition of cancer.
Fuck this heartless soulless culture. People gotta stop participating in it as much as the possibly can. Stop feeding the monster.
Foraging ftw
CEOs warn, sitting on their third yacht, planning their fourth.
“I might have to delay the purchase of my 5th yacht by 2 months!”
No. I’ll do layoffs and slowly hire them back at lower wages. “Can we add a helipad to this fifth yacht?”
they will flee the country once the people realize too late they shouledve came for thier heads a long time ago.
Remember, if it’s not from the Dépression region, it’s just sparking recession
CEOs Are ‘Hoarding All The Profits’ and Not Raising Wages, Workers Warn
That’s not a story the Bloomberg would tell you
From my point of view the capitalists are evil.
YOU’RE BREAKING MY HEART! YOU’RE GOING DOWN A PATH I CAN’T FOLLOW!
Why are these damn poors not spending their money, don’t they know I have a family to ignore!
Oh great! Another ‘CEO says something’ article. :-/
I have a small amount of savings in my ABLE account. I am figuring on either doomspending or mattressing them as Euros. As is, they will inflate on the vine and become worthless.
This sucks. I was hoping to just let my savings collect interest and only use them for emergencies or major things, but now…well, I don’t see the point. 😕
Seems like the headline is framing this problem in a very alien way.
Oh, do the CEOs finally realize that underpaid workers, AI agents and robots don’t go on shopping sprees?
They should raise their pay for that nobel prize worthy brilliance.No, but for recognizing it he’ll give himself a bonus
AI funny enough is expensive asf for companies, if not sooner than later. that cost for maintaining a datacenter has to come from somewhere.
Oh man, a shopping spree… Unless it’s food, I don’t make a purchase without considering it for at least 6 months before hand.
I’m really sorry about the hardships you face that are representative of an ongoing development over the last decades.
Moving more and ever more wealth into the pockets of the Epstein class is making that wealth missing elsewhere - the people who create that wealth by working are devoid of it.I must have made it sound harder than it is, but my household income is well above the poverty line, and I don’t have any kids. Even with that financial flexibility though, I still can’t afford to spend recklessly.
Let’s put it this way, my last big “non-necessary” purchase was a firearm, and I literally reviewed it and considered it for 3 years. For a less than 1000 dollar purchase.
I think it’s hard enough and harder than it had to be.
There’s plenty of wealth, food, housing, etc. but it’s not fairly distributed and the distribution just gets more and more skewed due to tax rules and other regulations in favor of the richᵀᴹ.
Why don’t these consumers just get a job already?
I work at the guillotine factory.
None of these fuckers think long term. it’s all quarter by quarter. I see it in my job even with startups. Build something now, use AI, it works now? great. it won’t scale a year or two down the line? that’s a problem for future me.
Are we making money now? great. what do you mean a year or two down the line there will be no one left that makes enough money to buy our shit? that’s a problem for future me.
they are all pretty much run like a PE firm.
Steve Jobs actually mentioned this happens when leadership comes from a sales focused, rather then product focused, background. Everything becomes short term thinking, and then they dip when they see/reach the inflection point of their profit growth, and blame the inevitable company failure on the next guy
“gotta move fast and break things like Elon!”
“I’ll just make a well timed bet on my company declaring bankruptcy right before we release a dumpster fire earnings report and ride off into the sunset. I’m a good person who makes the world a better place, my child’s little league coach told me so when I took my turn buying pizza for the team.”
Yeah, my company is chasing an IPO and so is slashing wages. People are leaving in droves, but since it makes number go up…
No care whatsoever about post IPO. It’s going to be awful.
name? i love milking a shitco IPO
I have an interview next week, I can’t risk it just yet. Plus it’s mostly internal speculation as nothing but the salary reductions have been announced.
God, how I love people who throw acronyms around expecting everyone to know them
IPO: initial public offering. Means when a private business goes public (and is therefore able to be traded on the stock market). The CEO loses a lot of their stock during the process, so it’s in the CEO’s best interest to rugpull as hard as possible during an IPO so that they can cash out.
thats what spez did with REDDIT, he made hundreds of millions as soon IPO happened, now he needs to keep afloat long enough to be an entrenched propaganda machine, while still earning from advertisements, or funding by propaganda groups.
The last corporate job I had before going into business myself, was as a sales manager for a Fortune 100 company.
It was very common at the end of a quarter to have to call around to wholesale customers, and beg them to take a pallette of some poorly selling sku, telling them “Don’t even unwrap it. Just stick it in a corner of the warehouse, and when the quarter turns, I’ll authorize a return of the inventory, and give you a discount on something else to make up for the trouble.”
Did it all the time.
But business and something about being more efficient or something like that.
I made a ton of money building reporting systems which made it simple to identify this form of gaming sales numbers to fit targets.
Thank you.
So the bosses would know I was doing that? Who do you think told me to do it? LOL.
Generally, I was working for the boss’s boss’s boss.
Yeah, it went all the way to the top. Those guys wanted it done. It wasn’t the top brass we were fooling, it was the stock holders, who were reacting to quarterly numbers that were essentially faked.
