443
Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company
(www.businessinsider.com)
this post was submitted on 27 Nov 2023
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Totally devoid of any humanity. Corporate jargon freaks me out. It shouldn't, but it really gets to me.
Shareholders are the worst creation of capitalism so far.
It allows you to create anonymous gray masters that you must serve at any cost no matter how humanly heinous they are.
Also, the bad thing that can happen to the shareholders is that they lose a little money whereas the people beholden to the shareholders can lose everything they have including their souls, and all the shareholders have to do is say "I had nothing to do with it, I just bought a piece of paper, I didn't even get a piece of paper I got an nft" and wash their hands of the whole thing.
The fact that our retirement accounts are being used to fund the hedge managers that create small shareholders that run the businesses that fire us so that the large shareholders get more money now in hopes that in some theoretical future the small shareholders get enough money to enjoy our twilight years is absolute insanity.
I think it's totally reasonable to be weirded out by corporate jargon. It's so 1984 esque. It seems like it's created to help capitalists do their best not to lie in legal terms while at the same time communicating to their shareholders that money matters while also still trying to put on a facade of humanity for the PR front.
It's so gross.
It is jargon for sure, and bloviating to mask layoffs.
A merger will always have layoffs because there will be duplication of roles, especially in lower/middle management.
Some duplication may also occur in boots-on-the-ground roles, depending on the companies.
They’re masking it? Seems pretty plain to me.
Maybe only masking in terms of trying to somehow make it seem justified and as a natural part of their company's growth. But you're not wrong.
It's "polite" and therefore right. The angry people are the ones being unreasonable and are thus wrong. They instead should write a calm sounding letter, submit it to the media that is totally not owned by the same shareholders that wronged them. /s
That's capitalism. It's a system that is devoid of humanity. Money is above everything, including human life.
the uncanny valley has made verbal inroads.
It sounds more like an AI-generated statement