@[email protected] has movedMay 30

Although he subsequently apologised for the phrasing, Bill Winters (CEO, Standard Chartered), has introduced the phrase 'lower-value human capital' in to public discourse....

If you ever wanted an example of the contempt that our executive business class have for ordinary workers, this would be it... in just four words, Winters summed up the way the top table in most firms seem to see their workforce.

The inhumanity of the capitalist class is not new, but increasingly brazen!

#workers
h/t FT

Show threadwy knottMay 30
@ChrisMayLA6 What's weird to me is that as an engineer - the guy actually doing the work - I always saw the C-suite as the lower-value (and most expensive) workers in a corporation. They don't do shit that's worth a damn, and they vacuum up the majority of the profits. Show me a company with vice-presidents, and I'll show you a bunch of deadweight you can cut with 0 impact on performance.
Show thread@[email protected] has moved

@wyatt_h_knott

Agreed... but of course not a popular view with the managers who think the staff are (essentially) stupid, unlike the managers who are highly skilled & deserving of bonuses

May 30 at 11:50amWeb