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#business #tech
Ed Zitron: Google Should Fire Sundar Pichai
Ed Zitron: Google Should Fire Sundar Pichai
Most if not all of the people let go from these companies could be retained, but corporations - and in particular tech companies - have consciously colluded with each other to push a false narrative about how they are the victims of an economy that continues to enrich them. And that’s because their leadership isn’t judged by how well they treat their employees, but rather by how they protect the interests of their shareholders. And really that’s what’s happening. Everybody is laying people off, and thus it’s an easy time for huge corporations to justify doing so based on vague economic forces. This is a coordinated public relations campaign to trade human capital for working capital. It’s either that or these executives are utterly ignorant of the economic forces affecting their companies. This isn’t a bug, but rather a feature of modern market capitalism. Tech execs are playing from a rulebook that’s fundamentally devoid of empathy, compassion, and respect for human beings. By the standards of shareholders, they’re doing their job. But from any moral standpoint, they deserve to be kicked into the sun. --- Mr. Pichai appears to have plenty of money to have fun with - as all of these CEOs do, because they are being paid so much that they have entirely left the realm of human concerns. Even if it’s something far more craven - that profits are fine, and they are just using this as an excuse to cut “excess” - layoffs do not work. They make the company less profitable and the remaining employees less effective. Imagine if a single employee made this big of a screw-up. Would they be retained? Would they survive? No. They would be shitcanned in seconds and told that it was a “difficult decision.” Here’s an easy decision: fire Sundar Pichai, fire Satya Nadella, fire Doug Herrington, and fire any executive that has to lay off hundreds or thousands of people because they got too excited about making their shareholders money.
·ez.substack.com·
Ed Zitron: Google Should Fire Sundar Pichai
Josephine Wolff: How Is the GDPR Doing? (Slate)
Josephine Wolff: How Is the GDPR Doing? (Slate)
By expanding the definition of what constitutes personal data—and by extension, what constitutes a breach of personal data—and applying a standardized notification requirement to the entire EU, the GDPR appears to have generated a much larger data set of reported incidents and thereby significantly widened our window into what types of breaches are occurring. The vast majority of companies are still not being fined for failing to protect their customers’ data, and the vast majority of fines are still too small to register with the companies that are being penalized. (Arguably, even 50 million euros is a fairly trivial sum to Google, which brought in $136.8 billion in revenue in 2018. For comparison, 50 million euros is equivalent to roughly $57 million, or 0.04 percent of Google’s 2018 revenue.)
·slate.com·
Josephine Wolff: How Is the GDPR Doing? (Slate)
Roger D. Hodge: First, Let’s Get Rid of All the Bosses (The New Republic)
Roger D. Hodge: First, Let’s Get Rid of All the Bosses (The New Republic)
A radical experiment at Zappos to end the office workplace as we know it. … Meetings might be scheduled at 10 p.m. on a Sunday, in the middle of what appeared to be a party but was really just an extension of the all-encompassing Zappos corporate culture. … But entry-level jobs aren’t that easy to come by in Las Vegas (or anywhere), Coy responded, and for people who live paycheck-to-paycheck, a job that’s always in flux can be pretty terrifying. “People who live in trailers,” he said darkly, “generally do so because they’re broke, not because it’s a fun social experiment.” … One thing Zapponians now have to do is their own research about salaries, to find out the market rate for jobs at other companies that correspond to their roles. In a normal corporation, such things are taken care of by the human resources department. Not at Zappos, not anymore. Instead, if Murch wants a raise, she has to do all the research into what she’s worth, create a badge, come up with qualifications for receiving the badge, and then design the actual look of the badge. Then it all has to be approved by the People Pool & Comp circle.
·newrepublic.com·
Roger D. Hodge: First, Let’s Get Rid of All the Bosses (The New Republic)