Doesn't work. I went through a year of executives and managers above us getting the chop, month after month after month, and layoff after layoff at one company, and we just got an email saying "how we're going to invest all this money we're saving back into the company!".
When people started quitting after being demoralized by repeated benefit cutbacks and layoffs, they said "We heard you, you said you want raises (after a year of no bonuses and two years of no raises), we're going to get them to you!"
With all that money you saved by laying off like 30% of the entire multinational corporation? Great! These should be decent raises! After the raises were finally granted, it wasn't even enough to cover a cost of living increase for a single year, let alone the two years that had passed with frozen salaries. And then they congratulated themselves in a corporate email sent to everyone for "listening to their employees and giving them what they ask for".
Oh, and they're still closing offices and laying people off, and expecting everyone to still keep serving paying clients (other corporations) at the same level of service they did with 5%-50% of the staff they had beforehand.
Any money they save, just stays in the corporations' hands. They don't care to give any of it to the peons. They're totally interchangeable cogs anyway, right?
When people started quitting after being demoralized by repeated benefit cutbacks and layoffs, they said "We heard you, you said you want raises (after a year of no bonuses and two years of no raises), we're going to get them to you!"
With all that money you saved by laying off like 30% of the entire multinational corporation? Great! These should be decent raises! After the raises were finally granted, it wasn't even enough to cover a cost of living increase for a single year, let alone the two years that had passed with frozen salaries. And then they congratulated themselves in a corporate email sent to everyone for "listening to their employees and giving them what they ask for".
Oh, and they're still closing offices and laying people off, and expecting everyone to still keep serving paying clients (other corporations) at the same level of service they did with 5%-50% of the staff they had beforehand.
Any money they save, just stays in the corporations' hands. They don't care to give any of it to the peons. They're totally interchangeable cogs anyway, right?