JPMorgan Chase, the largest bank in the U.S., reportedly plans to end remote work and require more than 300,000 employees to be in the office five days a week.
We can outsource physical labor, now we can outsource intellectual labor. Fly em in, give them the lowest wage they’ll accept, threaten with deportation if they fall out of line. This is the kind of deal these companies are really looking to exploit – they save money trimming their higher-paid talent while replacing them with someone being paid far less. It’s a win-win for the corps
It’s a dumb short term move though. The employees you’re going to lose are your top performers.
Capitalists only ever care about next quarter.
I remember this being panel two in a Dilbert strip (from back in the days when Adams did a great job of presenting as sane.)
Back when Dilbert was the main character, before Adams turned into the PHB.
Ehhh H1B is panacea–just you wait and see! 🤡
We can outsource physical labor, now we can outsource intellectual labor. Fly em in, give them the lowest wage they’ll accept, threaten with deportation if they fall out of line. This is the kind of deal these companies are really looking to exploit – they save money trimming their higher-paid talent while replacing them with someone being paid far less. It’s a win-win for the corps