And yet companies were posting record profits.
People must have been working smarter, not harder.
this post was submitted on 27 Oct 2023
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Smarter workers will demand pesky things like better working conditions, fairer compensation, competitive benefits, possibly even unions. We don't want any of that, just grind your bones to dust kthxbye.
/s
But the profits were the result of the CEOs individual unassisted effort, while the workers are being gifted the fruits of HIS genius.
Cool, cool, so people were working less and companies were still making amazing record profits?
Sounds like people need to work less hard, maybe that actually improved the quality of their work.
That said, WFH gives the proletariat time to think and organise, and we can't have that.
Actual research disagrees with this opinion.
Actual research disagrees with this propaganda
FTFY
Well of course it does. This guy makes a decent chunk of his money from commercial real estate. So he is going to whine about how people weren't working hard because he wants people in the offices so he can overcharge them.
says ceo of blackstone who is over leveraged in commercial real estate while talking to saudis.
tl;dr: domestic terrorist
Get this chode a submarine
With a game controller.
Brilliantly wicked. >:-)
Billionaires shouldn’t exist.
CEOs aren't known for their hard work
Thanks to Musk we also know they can be really dumb.
Most CEO just makes the decision. All the ground work are done by plebs and the final work/report is handed to the CEO and they make the decision.
I wish they would make decisions after they are handed the report. Unfortunately many make a decision and then ignore the report that proofs the decision is wrong and then make their underlings try to make the wrong decision work out and then they blame it on them when it, of course, doesn't and then they fire a bunch of them and try again the same way. Source: Check how Elon Musk makes decisions on Twix.
Or Tim Sweeney laying off 900 people and in his "apology letter" states first that the reason is too much spending on his Metaverse, which was clearly a failure of him to end the letter with: And now we keep on spending on the Metaverse! https://twitter.com/ShiinaBR/status/1707419347549896905
If for some magical reason it does work out, it was of course solely the CEOs decision that made it a success.
Yeah, and what the fuck does a private-equity CEO do, huh? Eat the fucking rich.
That’s nice. I am not going to listen to some lazy billionaire about working hard. You know nothing about it.
CEO's have the most easily automatable job. Change my mind.
We probably wouldn't want AI CEOs. Think about what they'd use for training data.
Oh no. Not AI. Just automated.
I love when CEOs actually complain about capitalism.
Let's just imagine what he says is true, and his employees were not working as hard because there was nobody standing behind and shout at them. Well, if it's a problem, get rid of them.
You can't? Maybe because their skills are so rare that you don't find good replacement. Hmm okay, so we have a supply and demand problem here. And since employees are currently highly demanded but there's a low supply, they can make the price. And if you're not willing to pay that, they might take the lower pay and slack off a shitload of time. Capitalism¯\_(ツ)_/¯
For them, capitalism is only great as long as they profit.
Schwarzman, nourish yourself with human fecal matter and cease to live.
The number one reason I believe we're living in a simulation is because incredibly wealthy demons like this never get assassinated. With all the insane shit that happens on a daily basis in this fucked up world, how come only a submarine can take out these disgusting fucks? Not ONE nutjob with a gun goes after the people doing the most damage to our planet? Not even one? Yeah, that's a fucking simulation right there.
These people also control the news, so as long as they can use it to keep the lower and middle classes fighting with each other, then they, the rich, can keep running off with all the f*cking money.
It's not the "gays vs the straights" or the "liberals vs the conservatives" or the Romulans vs The Federation. It's the 1% vs everybody else. And it's been this way for centuries. Things won't change until ordinary people figure out where the REAL source of their pain comes from.
Why aren't you going after one of them? Your reason is probably the same for everyone else. No need to use simulation as an explanation: it's just the classic combination between cultural egemony, economical dependency and the monopoly of violence. Always has been.
As a worker I don't need supervision to perform my job duties. I work hard because in small companies our combined efforts will enable us to be successful thereby providing future employment. There are also certain professional standards which you follow which have nothing to do with the specific company you work for, and you perform work to those standards because you are a professional. But not because someone forces you. The labor of workers is a valuable asset that companies need, don't let them treat you poorly.
Also, capitalism sucks and this guy sucks.
But wasn't productivity up?
The reason we have time theft as a marketing term is because shareholders and upper management feel entitled to your poop time. Meanwhile wage theft is a real issue that costs our workforce billions.
Our plutocrats like to think based on their feels and pay for content that affirms their worldview. Money can literally make you stupid.
We gave them record profits and this is how they repay us.
All while not working as hard , mind you.
Dumbass take. Whenever I'm in the office I get far less done because of all the distractions (people chatting in another room, people dropping by my desk, etc).
"You're not suffering enough"
People stumble into positions of power and wealth, and start thinking that they are better than everyone. Fuck those people, eat shit.
Eat the rich!! Some BBQ sauce please, Elon you f&@2 Cvnt you are the first…..
This is the best summary I could come up with:
Private-equity billionaire Stephen Schwarzman doesn’t think office workers worked hard enough during Covid-19.
Schwarzman, the Blackstone CEO whose fortune is estimated at $32 billion, told a crowd of investors at a ritzy Saudi Arabia conference known as “Davos in the Desert” that people who worked remotely during the pandemic “didn’t work as hard – regardless of what they told you.”
Parents often had to juggle near-constant Zoom meetings and Slack messages while simultaneously helping kids whose schools were shut.
For example, about 58% of Manhattan office workers were at their workplace on an average weekday in late August and September, according to a survey from the Partnership for New York City.
Schwarzman, the Blackstone CEO, estimated that 20% of US office buildings are vacant and another 20% are leased but empty.
Blackstone told investors earlier this year it has slashed its exposure to US office properties from more than 60% of its real estate portfolio in 2007 to less than 2% now.
The original article contains 521 words, the summary contains 156 words. Saved 70%. I'm a bot and I'm open source!
I wouldn't be surprised. Most people I know (me included) bragged how little work we had to do. It was awesome