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Started By
Message
re: Michael Burry: The white collar employment bubble is bursting right before our eyes
Posted on 9/26/22 at 8:12 am to stout
Posted on 9/26/22 at 8:12 am to stout
quote:
You can get monitoring software for WFH but that only tells so much IMO.
Pretty easy to tell who's working with my wife's company.
Task-based, meets a couple times a week with direct reports.
Kinda hard to pretend to work when you spend half the day on the phone with clients and coworkers.
1
Posted on 9/26/22 at 8:14 am to SECdragonmaster
quote:
We completely replaced our billing department from oversees for 40% of the expense
quote:
I have replaced some of them with overseas help for way cheaper and will be doing so with the rest
Make America Great Again, right?
Posted on 9/26/22 at 8:15 am to wadewilson
quote:
My wife is full remote. Never been to her company's home office.
She's great at her job.
Is she new fresh out of school?
quote:
If you cannot adapt to train people in a modern workspace, that is your failure, not your employee's.
True, but WFH is not the modern workspace. WFH is a bastardized model the plandemic forced on us, and the millenials can't seem to understand that you have to show up to keep a job.
Posted on 9/26/22 at 8:16 am to stout
quote:
I will say that the downside to WFH for productive people that are monitored with tacking software is that if they are too productive then the company will expect more and more out of them.
It really is a double-edged sword.
This reminds me of that stupid "quiet quitting" term made up to make it sound like doing the agreed to duties for the agreed to compensation is now a bad thing
Posted on 9/26/22 at 8:16 am to tiggerthetooth
The "culprit" is manufacturing jobs have been shifting away from the U.S. for decades. Without making stuff white collar jobs get more and more difficult to sustain in an economy. Before you can sustain a service economy (where most white collar jobs are) there needs to be a large enough manufacturing economy. Why do you think China positions themselves to be the biggest manufacturing center in the world? They know making stuff is important.
This post was edited on 9/26/22 at 3:22 pm
Posted on 9/26/22 at 8:17 am to SECSolomonGrundy
quote:
All yall bitching about having to actually go to work instead of laying in your pajamas all day
Not me. I hate working from home, but if I could work from home 1 day a week, I'd be able to get so much more menial banal shite done in that 1 day than I could in a whole week at the office, and that would free up my other 4 days for projects and other important work.
quote:
need to realize that if you were as good at your job as you think, you'd be the boss or you could start your own business.
I don't know. I'm not nearly retarded enough to be a superintendent in this plant.
Posted on 9/26/22 at 8:18 am to wadewilson
quote:
Task-based, meets a couple times a week with direct reports.
I don't understand the whole task-based assigning work to people. I am not a kindergarten teacher. My team has had their jobs outlined since day one. I don't micromanage but I expect to see the results. I also like to see ambition and not just doing enough to retain your job.
WFH has created the mindset of just doing enough to get by so you can go pick your kids up from school at 3 even though the work day isn't finished. Or let me get in one quick episode of a TV show during work hours because I am caught up for now.
Posted on 9/26/22 at 8:18 am to BugAC
quote:
and the millenials can't seem to understand that you have to show up to keep a job.
Again, generalizations.
At my company, the oldest employees are the ones who take the most time off.
Posted on 9/26/22 at 8:18 am to GetCocky11
quote:
Either you get your work done in a satisfactory manner or you don't.
Exactly. You get your deliverables done on schedule or you dont. If you are able to play your PS5 half the time and get the job done, it isn't my business. If you choose to ask for more, rather than a PS5, you are a top performer.
Anti-WFH would rather you be in house, getting the same work done, but now spend your downtime wandering the office, talking to coworkers or just surfing the filtered web.
Posted on 9/26/22 at 8:19 am to r0cky1
quote:
Those who choose to completely work remotely will realize how much easier it is to be fired. It’s no longer an employees job market
I think it’s more so that WFH exposed a lot of middle to upper management jobs that aren’t needed.
Posted on 9/26/22 at 8:20 am to LNCHBOX
quote:
make it sound like doing the agreed to duties for the agreed to compensation is now a bad thing
It isn't a bad thing but it goes back to what Musk has said about upper management or those wanting to be in management need to work from the office. He wants to see ambition.
If you are happy with your position then just do what the agreed-upon task is. If you want to move up then do a little more and show ambition.
Posted on 9/26/22 at 8:21 am to stout
quote:
WFH has created the mindset of just doing enough to get by
This isn't some new unique phenomenon. Mike Judge literally discusses this in Office Space
quote:
I also like to see ambition and not just doing enough to retain your job.
Man, so now doing your agreed upon duties is failing now.
This post was edited on 9/26/22 at 8:22 am
Posted on 9/26/22 at 8:21 am to stout
quote:
I don't understand the whole task-based assigning work to people. I
It's a giant law firm. A bunch of work has to be done to research cases. Lots of cold calling, interviews, vetting experts, etc. One department has to get their work done by a deadline so the next department can meet theirs.
Posted on 9/26/22 at 8:22 am to stout
quote:
If you want to move up then do a little more and show ambition.
That is easily done from home with results!
Posted on 9/26/22 at 8:22 am to wadewilson
quote:
No, you're just lazy. If you're going to generalize a couple of entire generations, you need to go ahead and retire.
Okay, Zoomer.
Posted on 9/26/22 at 8:22 am to BluegrassBelle
quote:
I think it’s more so that WFH exposed a lot of middle to upper management jobs that aren’t needed.
Yep.
If you sent a lot of people home and they're still getting their work done while a bunch of middle managers are twiddling their thumbs in the office, then who do you think is unnecessary?
Posted on 9/26/22 at 8:23 am to Swagga
quote:
would imagine a lot of DEI and HR positions are on the block in the impending layoffs.
Sadly I don’t think they will.
Posted on 9/26/22 at 8:23 am to HeadyMurphey
quote:
but now spend your downtime wandering the office, talking to coworkers or just surfing the filtered web.
Yea this is another reason Burry is saying white-collar jobs are in danger. If you and coworkers have enough time to gossip by the water cooler then clearly some of those people aren't needed.
It is funny that these tech giants created these adult daycares with slides, sleeping areas, game rooms, etc and are now against WFH.
Posted on 9/26/22 at 8:23 am to tiggerthetooth
a safe 70% of "titled" admins are redundant and should be eliminated.
Posted on 9/26/22 at 8:24 am to Cajunhawk81
quote:
Okay, Zoomer.
frick, I'm almost 40.
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