Google: Do no hiring!
Google’s corporate motto is “Don’t be evil”. So, how should we characterize a company that keeps 1/3 (10,000 employees) as permanent temporary staff to avoid benefits, stock options, and other perks? And as if that wasn’t bad enough, what would you call a company that is quietly letting those workers go to boost its revenues during the downturn? I’m thinking the ultra left-wing powers that be at Google would decry similar practices at other companies.
Archived in: Google, LiberalsNovember 24, 2008 at 11:08 pm | Trackback
6 comments
They probably would decry similar practices which is why we can take the high road and say kudos Google, for doing what is necessary to keep the company viable during an economic downturn.
On one hand, a number of their employees are temps. On the other hand, since it went public, Google has made millionaires out of hundreds, if not thousands of its employees and the job perks of working there are unmatched. They’re a shining example of how capitalism works perfectly without the need to repress an army of wage slaves, as anti-capitalists would have us believe. Thanks Google, for making our case!
I’m going to call it hypocricy, Mike. The Google liberal troika would be amongst the first set of moonbats to tell us how we AKA the taxpayer should finance health care through a socialized system for everyone while denying those benefits to 1/3 of their own workforce.
Hey guys, Google issued two classes of stock, an A & a B. The A shares are the voting stock which are held by the insiders, board members and 51% by the two founders. The B shares are on the open market; they get you a nice ride up and down in the market. So much for open capitalism.
Optimistic Patriot,
No doubt it’s hypocrisy. But they make our case (assuming you and I are of like mind on the matter).
Vermont Woodchuck,
I’m not sure I understand your complaint. Preferred stock is a very common thing and has nothing to do with capitalism. Besides, looking at the chart, if you own general shares in Google, you made some nice gains until our current financial crisis began, where just about everyone is suffering now.
The A stock isn’t a preferred stock, it is the voting shares of common, the B is non-voting. True you get the ride but none of the say.
Thanks for clearing that up. I misunderstood the difference. However, it doesn’t change the idea that it’s not capitalism you’re looking for, it’s democracy.