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re: Michael Burry: The white collar employment bubble is bursting right before our eyes

Posted on 9/26/22 at 6:07 am to
Posted by Privateer 2007
Member since Jan 2020
6283 posts
Posted on 9/26/22 at 6:07 am to
There's a lot of administrative fat in nearly all companies.

He's right.
Lots of White Collar folks will get the axe.

After their smugness during Rona ...... "Just work from home!!!" I don't feel bad.
Posted by Mo Jeaux
Member since Aug 2008
59518 posts
Posted on 9/26/22 at 6:08 am to
quote:

After their smugness during Rona ...... "Just work from home!!!" I don't feel bad.


Whose smugness? You don't feel bad about the economy entering into a recession and people losing their jobs?
Posted by NIH
Member since Aug 2008
112939 posts
Posted on 9/26/22 at 6:33 am to
What do you do for work?
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 9/26/22 at 7:24 am to
Overpaid administrators are a big problem for a lot of companies, interesting to see what happens.
This post was edited on 9/26/22 at 7:25 am
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