Last time I worked in a public firm, they were making hiring arrangements with college sophomores. They had to make the cpa exam easier to get more people to pass it, iirc.
Business · Takes · page 2
Further down today’s ranking of Business posts that are opinions and questions: page 2 of 3.
consequently, I would not be surprised if a drop in qualified candidates from this sort of strategy was behind the "nobody wants to work any more" narrative businesses doing a "first N resumes" strategy finding a dearth of reasonably qualified candidates and refusing to change their search methods
Our economy feels driven by scams and wild, unhinged hype, but that's only because that's exactly what's happening. Turns out, assuming stratospheric growth and one in a century revolutions should be a quarterly thing leads to some perverse incentives...
I am so over the non stop calls from 'recruiters' who only have a passing familiarity with english. I get these 2-3 times a day now, phone calls out of the blue for horribly unqualified positions. Latest had this bit of deep wisdom about the position. #recruiters #sre #jobs #tech
Notice Shopping at tesco is getting more expensive. WHY The company said it now expected to make underlying annual profits of between £3.15bn and £3.3bn. YOU ARE BEING CONNED, the price rises are to increase profits to PERVERSION LEVEL... Not because of purely external price rises, WHILE THE COST IS EXTERNALISED
This merger, along with the merger of government and corporations stands to create a dangerous reality for working people. Some already facing layoffs. Corporations act as a pillar to uphold the status quo of keeping us divided at work, in our communities, and at the ballot box.
having been alive for a few bubbles at this point it's quite fascinating to me the amount of effort that is put into consternating over whether the bubble is even a bubble (and then it blows up and it's obvious that it was totally a bubble) (and during which there are always charts like this)
people have been gesturing at it for a while now but i think it's impossible to ignore at this point: the US is sliding into stagflation expect inflation to keep going up, rates to keep increasing, while the economy deteriorates it will be "solved" through deregulation and austerity
I really only envy the rich one thing: the peace of mind that comes from knowing that if something happens you have the money to throw at a problem. Money does not solve all problems -- but it sure as hell makes dealing with problems that can't be avoided much easier. Someone's sick? You don't have to worry about paying medical bills, affording medications, etc. Somebody got drunk and plowed into your car last night? Sucks, but if you have enough money, it's just a minor hassle and not a catastrophe. Call a tow truck, your insurance, and rent a car while everything gets sorted out. Your kid needs braces? No problem. Money.
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Kids going to college? Tuition and rent are not a problem. Visiting at will? No problem. Worrying about your kid while they're away? Sorry - you're on your own with that one... but you know you have the money to deal with most problems. Someone died? All the money in the world won't bring them back -- but not having to worry about, say, funeral expenses and all the financial impacts makes it easier to just deal with the grief.
Something that's changed massively in my time in journalism is when I started, UK papers were terrified of libel and American papers thought it was a joke. Now it's kind of reversed? Americans are REALLY scared of being sued now, and all the 'lol 1st amendment bucko' stuff has died away.
management can never be held accountable therefore management must never make a management decision
My favorite trend continues to be “The price of everything is rising and we won’t complain, but Transformers are going up $2 and that’s unacceptable” and I don’t see that ending any time soon.
banks and corporations are cashing in on the effects of war. That leads to the Bank of England’s inevitable blaming of wage increases for inflation, ignoring the recent research in the US showing that that most price inflation comes from “companies seeking to maintain profit margins”.
The hardest thing to do in your financial life is creating margin for yourself. The easiest way to do it is to automate it. Ideally that margin is gone before your check is ever cut to you. Think of it like the U.S. government showed up and increased your tax bill by 10%. It isn't optional.
It’s long past time to outlaw corporate unification.
I know money is not always fungible in the way comparing two expenditures might suggest, but ugh.
Extremely cool how Lyft/Uber systematically lie about how long you’re going to wait for a ride, and there are no consequences for that just like there are no consequences for treating their employees like contractors
I have lately received several offerings about getting paid for talking to "a company" that wants to establish itself in the Nordics. I don't understand the scam, because I'm assuming that's what it is... does anyone know what this is all about? #Scam
I don’t actually have a lot of faith in my broker. Presumably he knows more than I do but he has the same blinders as everyone else in the market. He has no financial incentive to be conservative. I’m at the mercy of the stock market and that’s not good. #Finance
This is a great theory until you compare it to every other inflationary episode in history. Why would the public suddenly develop a precise decade-long memory of what prices “should” be
i don't think i will like this Sandbox Squad version of my job _more_ than the collaborative one, but i've seen enough. the culture change is imo irreversible. skip ahead 5 or 10 years in your strategy and build sandboxes all day or you'll burn out
Mercantilism is really intuitively appealing. I think it's genuinely difficult to get people to recognize that a country's wealth just works differently than a person or company. I think this is the fundamental reason that we don't want businesspeople running the country.
It’s been a long time since I’ve been in a work environment when people said “out of pocket” when they were working off aite. Does is still mean “getting paid to day drink?”
I wish NYC Groceries the best of luck... but how does it look different than business as usual? 30% cheaper is just a wild price point to call out before they've got a single store open.
Big shoutout to WorksafeBC I've filed two anonymous reports this year - both times they've shown up for a site inspection and issued correction orders within 48hrs
Isn't it strange that the guilds and cinema groups pushed for a set number of films released each year, but nothing about ensuring workforces weren't impacted. Mergers always end up with mass layoffs. Shame on these greedy organisations.
oh you think there’s a housing bubble? tell me exactly when the MBS system will implode (i like river i’m just providing a snarky counterpoint to something ive heard being said a few times now)
If your job is to facilitate hiring, and someone asks for details about a job you're posting, you should probably read the emails you're sent. And instead of saying "we offer some compensation for this course you wanna take", say that, and then give a link or further context!
Carve up the large US tech companies.
Private equity regards you as a revenue stream, not a customer. Keep paying until your service provider expires from its debt load. Look for another service provider, and then watch that die as you continue to feed the rapacious appetite of private equity.
I’m sorry but why did private equity think archaeological cultural resources management would be profitable? Like killing Red Lobster and Joann’s
Norways biggest bank DNB is creating a stir by doing the two meme downsizings US tech companies have done since the pandemic: 1. Back To Office Downsizing 2. «AI Productivity» Downsizing Both are widely considered to be fake and just excuses for regular downsizing.
This and decades of student loan debt keep employees from changing jobs when employers do shitty stuff. They're features, not bugs.
Design, TRIZ, business, and financial behavior may seem unrelated. But I keep finding the same thing beneath them: Contradictions. We want security and freedom, growth and less risk. What if the answer isn't choosing one—but designing a better solution?
People who are financially highly secure should keep these condescending "advice" to themselves. Many of us have been through enough downturns we've seen things the well-off ones wouldn't believe. In any case as John Maynard Keynes famously quipped, in the long run we are all dead.
Why are we sending sensitive equipment via UPS? I would think the United States Postal Service, where we actually vet people, is better suited for this.
I’m not the savviest businessperson, so maybe I just don’t understand how Skydance gets to operate as a normal business when it starts out $80 billion in debt when one time, I accidentally overdrew by $10, and my bank hounded me and kept adding on overdraft fees
bit weird to see the "everything you make belongs to us" clause talked about as a US creative industry exclusive thing like it wasnt buried in the agreement for at least one of my shitty fast food jobs
A 1996 ad that nailed it
We just surpassed our entire 2025 sales. And it's the first week of October. Manufacturing ain't dead in America. Not by a long shot.
I personally don’t understand signaling the likelihood of more than one additional rate hike but also that the next one doesn’t need to come this month, but that’s what the Fed/Waller seem to be doing.
Whoever is doing these threads at REstud is doing a very good job! It takes time, but I think it is worth it.
Another point for my theory that we need a new anti-trust era
This bullshit is extremely common. I walked away from a project doing sound design for AT&T in the 1990s rather than sign a clause like this. In 2023 I refused to sign this type of language for Harbor Picture Company. They said "But everyone signs this!" I refused, had to work as a subcontractor.
Anyone else think having British care homes sold off for over a billion by a very wealthy man to a consortium from California is not a healthy way to provide a service? www.yorkshirepost.co.uk/business/del...
At this point Shop Pay feels like a scam. I keep getting opted in because every store front has it, and I do not want to have another company being between my purchases and keeping my phone and email on file. I keep deactivating it and it keeps coming back.
we used to make fun of brands for pr blunders that would become the joke of the month. now it's closer to the joke of the weekend, since other brands immediately seize on the opportunity to add to "the bit" and get their name out while the algorithms still push it onto everyone's feeds
I feel like the shift in consumer tastes from products to experiences has made experiences a lot more expensive.
the "[firstname] from [company]" sender name format makes every marketing e'mail look like a linkedin message that escaped containment. why does your autumn sale e'mail need a named protagonist.
I think it would be okay for all media to stop treating "CEO says company he gets money from is good and will change the world" as a newsworthy thing