Viewing a single comment thread. View all comments

SuchSalad4 t1_ixnxvvr wrote

Humans are disposable batteries to them.

39

RaycharlesN t1_ixo0ryr wrote

Imagine making a promise to 10,000 people that they have a job and reneging on it because you want MORE profit. This isn’t because they’re failing or not making a profit, it’s to get more. They’re profitable but to get a little more they’ll throw these people aside and wreck their lives. It’s fucked up.

16

SuchSalad4 t1_ixo1y3d wrote

It's what they teach you to do in business school. It's even more sadistic in top MBA programs.

25

[deleted] t1_ixoj4p1 wrote

[deleted]

18

Journey776 t1_ixo2ycp wrote

Says the person who has taken zero MBA classes

−24

SuchSalad4 t1_ixo54s4 wrote

I am speaking from experience. I went to WP Carey MBA program and quit in protest because of how vile their practices were.

Bet any amount of money (above $1000) through a proper betting company if you think I'm lying and I will prove it.

15

Journey776 t1_ixo5xgv wrote

Lol I did my undergrad at Ross and MBA at Yale and in both schools we were taught the exact opposite

−13

SuchSalad4 t1_ixo6h9p wrote

Now that I find hard to believe.

They were teaching us how to exploit people to the max. In fact, they gave a prize to a team who, in a theoretical scenario, chose to keep child labor in Africa just to keep a mine going. This was the last straw that broke my back as I had enough of all the Patrick Batemanesque types of people that were there. Professors were talking trash about other universities, students were on a never ending dick measuring contest, etc. I just felt out of place there. I felt bad for the people who were in my team. Several of them got into the MBA and did nothing with it upon graduation and I ended up with better positions than them with my undergrad. I did nearly complete a master's in administration with focus on project management but quit because I'm now semi-retired in my mid 40s.

10

Journey776 t1_ixo6s7w wrote

Yeah I’m lying. They actually took us to orphanages and we bought the orphanages, kicked the kids out, and then let’s the kids back in at a room and board rate of $350 a month plus utilities.

Or not all business schools are created equal. Either or.

−15

SuchSalad4 t1_ixo6ymw wrote

LOL, I still find it hard to believe because almost every single business program I've heard of is mainly focused on maximizing profits for the shareholders, so for you to tell me that there's an altruistic MBA out there is incredibly hard to believe.

4

Journey776 t1_ixo845l wrote

Eh my classes were more focused on how to increase profit through growth. They did in our Ops class mention that one way to increase profit was to cut Opex but that there were many other ways and that the Opex cuts are the easy if not myopic choice.

Now every time I see a layoff I just think it’s taking the easy way out.

But I also read Antiwork at work so yeah.

1

SuchSalad4 t1_ixobqrb wrote

> focused on how to increase profit through growth

If true, I now feel bad that I made the assumption that all MBAs were shit, because I really wanted to get one. I was just appalled by how terrible the one I went to was.

I also would've imagined that Yale would've been a pinaccle of maximizing profits at all costs. I guess it makes me happy to know that there are other programs that aren't as shitty as the one I went to.

I guess, in the end, my life took me down another path in which I'm quite happy in. I work part time and spend the rest of the time farming/with my kids.

1

Journey776 t1_ixoc7c7 wrote

Eh, I’m sure the stereotype exists for a reason. I also just got my MBA, who knows if like in the past it was all about shareholder profit. I know a lot of the older people I talk to that are higher up - so assuming a majority of them have an MBA - like to say how their end goal is maximizing shareholder profit. I just nod along……. Yeahhhhh that’s not really my main goal though.

Sounds like it worked out for ya though. Tbh working part time and then farming and spending it with family sounds idyllic compared to the office politics and all that jazz

2

SuchSalad4 t1_ixoq1mr wrote

I'll try to put my ego down and say that I'm very, and perhaps say that I'm extremely, glad you feel this way. It gives me the idea that progress has been made.

Please commend Yale if your truly believe the words you were saying. We need more commendable leadership like this.

3

Truth_is_Liberal t1_ixocktw wrote

Dude MBA programs are rife with Chicago School stupidity. They practically worship Milton Friedman. Most business school heads are disgusting people. Only today are we seeing some reforms in business academics, but usually only at schools with a heavy econ focus. Schools like Wharton will continue to churn out whole classes of monsters.

5

Mortentia t1_ixog257 wrote

I still don’t understand Friedman/Hayek worship, considering that Hayek was a relatively poor economist and only a decent liberal philosopher, and Milton Friedman died having admitted that he could not fight Keynes’s ideas anymore and that the Keynesian theory was correct no matter how much he hated to admit it.

The two had a lot of bleed into the business world and somehow only recently has the popularity of econometrics and statistics in market research allowed for proper assessment of business structure. Although, in my BCOM there has been a lot of focus on treating employees appropriately and ensuring that they receive what they deserve to incentivize continued and exceptional performance, so I’d hope that some MBAs are similar.

3

capitalism93 t1_ixopdej wrote

Both Friedman and Hayek won the Nobel Prize in Economics for their outstanding contributions to the field. That is probably related to the influence they have had.

1

Mortentia t1_ixoq1uy wrote

Oh yeah I’m aware of their influence and the reasons for it but Nobel Prizes don’t necessarily mean that an individual contributed enough or the right things to their field to achieve the type of cult-like following they have.

2

heliumeyes t1_ixo2dib wrote

You do realize that the division that they’re doing most of the layoffs in (Devices) is far from profitable?

9

Kromgar t1_ixp03f7 wrote

It's called Human Resources for a reason

1