This is a most excellent place for technology news and articles.
The sooner we start eating these motherfuckers the faster things will improve.
Billionaire is a mental illness that isn't compatible with civil society,
I don't understand why these assholes insist on people working more hours. What's the difference to them between 1 person working 70 hours a week or 2 people working a combined total of 70 hours if they're both paid the same hourly rate?
if they're both paid the same hourly rate?
That's the fun part: you only have to pay them for 40 hours!
You just aren't thinking like a billionaire, man. What you do is get the two people anyway, and still force the 70 hour work week.
Your job is not to find a reasonable steady state of operation. Your job is to exploit the resources before you (even the ones with emotions and families) to extract value for the shareholders in the most efficient way possible, before somebody even more evil and clever than you figures out a better way and we direct future fresh meat to his meat grinder instead of yours.
Not only is it your job, you're legally required to, and your shareholders can sue you if you don't as per Ford v Dodge
He gets less profit this way
Benefits can be expensive, and they only pay you for the 40 hours because it's a salaried rather than hourly position. They just want free labor at the expense of the employees' sanity.
Insurance, benefits and labor expenses. Even in places with little worker protections there are costs that scale with the number of workers instead of the number of hours.
A brief look indicates employers in India can expect to budget on the order of 18% of an employees take home per year for those expenses.
There are some circumstances and places in the US where you don't need to provide as many benefits to employees who work below 40 hours. Then you see employers hire more people and schedule them for just under the threshold to give them benefits.
The answer is always because it's cheaper for them somehow.
Overworked peasants have neither the time nor the energy to revolt.
Saint Luigi preserve us.
Iceland made theor 4 day workweek experiment permanent...because it was actually more productive.
They don't even want all the money, they just want us to suffer
These people may as well tattoo "slave owner" on their foreheads by now.
You could replace most management people with a rack of GPUs and nobody would notice. Mostly they are a very unimaginative lot parroting the same misguided group think that devalues the employees that create all their companies value. Infosys is a consulting company. They don't make anything or own valuable IP. They pimp out Indian labour to undercut the labour rates and conditions in developed countries which already makes them a shitload of profit.
You would think with increasing options to Indian professionals, their recruitment people would be shitting bricks trying to hire talent with this bullshit out there but they have probably sacked them as well. Though, if I wasn't poor I would probably say all sorts of shit to pump share prices and cash out before the AI bubble bursts.
So what I'm hearing from that headline alone is that he's a psychopath who doesn't work more than 5 hours a week, and what little """work""" he does consists of getting drunk at lunch and moaning to other CEOs about how lazy his workers are.
It's not just saturday morning cartoon villain evil.
It's also incredibly fucking stupid.
Anything that you get better outcomes from by making people work longer, like assembly lines, can be done better by robots anyway, and of course you as capital owner don't have to live life after your dominant hand gets crushed and amputated.
Anything that isn't pure rote work, you get better results when people are not overworked and spending thirty hours a week sticking fucking pencils in your acoustic ceiling because nobody's fucking brain works that long and hard.
Also automation is getting better and better all the damn time. The only reason why we haven't hit 30 hour workweek is due to declining unions and and exploitation politics.
I learned that China had basically made this shit illegal years ago, but work hours in China are still insane. I am willing to bet that they will still have incredible growth and prosperity even if those workhours are strictly enforced.
People like this dipshit need to be stripped of all possessions and wealth and immured alive.
Yes they are illegal but companies will use workarounds to get people to put in more time. it's a fake law basically
I guess even in authoritarian police states where the government will disappear or execute you for any opposition businesses still get away with being assholes.
if you do business in any authoritarian police state, you will see that laws are arbitrarily enforced. and you will regularly be paying fees that don't exist.
Luigi’s work is piling up, isn’t he about to be acquitted?
Well, thank you for the warning. So you are saying people should avoid working for you at any cost.
Old hag still at it... Him and his wife are insufferable man
🖕
Why, so they can write even more shitty software?
Higher taxes on the rich don't go far enough, because they can just leverage their assets to corrupt democracies and roll everything back.
Corporations need to be banned.
