My point, dear JB,

Post #29,148 by nking 2/20/02 11:50:13 PM Reply	My point, dear JB, is that the Corporate System which most managers are using is basically fcked in the head. Even a 6 year old can run a better company that most managers out there. I am not sure what in the seven levels of Hll they teach them in college, but one thing is for sure that management does not know how to manage employees correctly, and end up abusing, harassing, and overworking them, etc. Ever notice when layoffs happen, the top management get to keep their jobs despite being the ones that allowed the mistakes to happen or that made the mistakes themselves? There is no responsibility amoung the top brass, and they just blame the people working too hard under them for management's own shortcommings. Our US Corp system needs a big overhaul and reorganization and reform is all I am saying. "Will code Visual BASIC for cash."
Post #29,158 by rsf 2/21/02 2:05:38 AM Reply	Not necessarily true about layoffs in the upper management that is. One example: I was a low level developer at Yahoo until I got laid off this past December. I was one out of about 300 - 400 employees let go. After I left, I found out that some of mid-level managers that I knew were escorted out too later that day. And still later I noticed that senior executives were 'resigning' enmasse to 'spend time with family'. This past year we've seen the 'resignation' of most of executive management, including the CEO and COO. IMHO, I think the board is laying them off but allowing them to officially resign so as not to panic the stock holders. Ray
Post #29,365 by jb4 2/22/02 10:39:23 AM Reply	What you fail to mention... ..is that those "resignations" to "spend more time w/ their family" are, without exception, accompanied with "golden parachutes" equal to well over their salary for a year. What was in your golden parachute? (Yeah, It's really none of my damn bizniss; I'm just trying to make a point. Norm is correct on this point...) jb4 (Resistance is not futile...)
Post #29,398 by rsf 2/22/02 1:38:29 PM Reply	I know, I know... my parachute wasn't golden but it was enough to carry me through (3 months pay up front) until I got my next job. Since I started interviewing before the lay offs - I new odds were against me - and got a new job about 1.5 months later, I ended up fattening my bank account a little instead of taking a loss. As for the execs at Yahoo that left, I don't think their parachutes mattered much to them anyway as most of them got rich from their stock options long before. Most of those guys had salaries in the $100-300k range but cashed out tens or hundredes of millions in options from '98-'00. When you're that rich, I think the power and prestige of being a CEO or co. president is more of a lure than the base salary. I think both Norm and I are right. It's just our perspectives are different. Norm worked for a horrible company, a sweat shop. Yahoo did their best to make the situation tolerable. Everyone got severence pay and a continuation of medical insurance. They paid for one-on-one job counselling with Spherion (it really helped too!). There were no guards to escort people out; I had time to go say 'goodbye' to friends that remained, get my last free mocha, and steal some office supplies. My manager called some of his friends at other companies to setup interviews. The vp of my division came by to apologize for not being able to keep me on (Incidentally, my vp's boss was let go too). And so on. Ray
Post #29,460 by nking 2/22/02 10:23:37 PM Reply	At the very least your former company helped you to get a job. I couldn't even get my former employer to reconmend me to anyone, and not say anything beyond that I worked for them on the dates that I worked. "Will code Visual BASIC for cash."

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