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"These guys definitely made a mistake. It wasn't calculated fraud. It was bad incentive setting. Politicians like Warren don't intuitively understand how hard i
by jernfrost 10y ago
"These guys definitely made a mistake. It wasn't calculated fraud. It was bad incentive setting. Politicians like Warren don't intuitively understand how hard it is to actually control a group of thousands of middle-class workers and get them to do things.It is not easy to govern"
Oh come on, talk about sugar coating it!!! If you create crazy incentives of course it is FRAUD! If it wasn't CEOs could wash their hands of every possible fraud they might imagine by simply setting the right incentives to get the fraud done. You got an economy were people are lucky to hold onto a job and you are threatening them with getting fired if they don't meet your insane goals? That is like a tortured person answering whatever the torturer asks.
We see this stuff happening again and again. This is the new way of committing fraud. Engineer it so that the poor suckers at the bottom have to take all the heat. The poor suckers who have no golden parachute to fall back on when they are kicked out.
When you got 5000 employees caught doing this, the alarm bells should be ringing and you should realize you did something wrong instead of firing everybody. 5000 employees aren't all rotten apples who did something for their own gain. They gained nothing and put their reputation and job on the line for this so top management could line their pockets.
Makes me sick.
- stanfordkid 10y agoHow is it fraud? No one told them to make fake accounts. Even the most naive person knows that making a fake account is wrong. 5000 people did the wrong thing. To me it seems like people are blaming the top for widespread moral bankruptcy at the bottom.
- user837387 10y agoI'm sure you've heard that ignorance of the law is no excuse right? Similar principle works here. No way the CEO did not know what was going on if 1000's of his subordinates were doing it. Saying that he couldn't have known is negligent. Personally I do not buy the story that he did not know. Come on for fucks sake, Trump just got elected on virtually pure lies and you are still being stupidly naive. This CEO knew.
- stanfordkid 10y agoHe is not going to jail because they did nothing illegal, and most likely didn't even have negative intent. You are speaking like someone who has little experience with sales culture or sales incentive structures. You also seem to be naive to the level of fraud, theft and lies that "working-class" people regularly commit. Get out of the kumbaya bubble and wake up to reality. Workers do bad things all the time. They fired people when they caught them doing fraud. They never encouraged or enabled people to do fraud. They should have pushed for stronger top-down communication to state that they are investigating it and shutting it down. I'm not saying these guys are angels. I'm saying that people are blowing this out of proportion comparing it to Enron. That's my 2 cents. Take it or leave it.
- user837387 10y agoYeah, people like you are the problem. Just because you are used to it and/or every body does it does not make it OK. All you are doing is continuing to make excuses for the current fucked up system.