3 ms·
Having worked at several F500 multinationals, I can say confidently that, yup, no different from gen pop. They were corrupt as hell. Big SaaS providers offere
by blaser-waffle 5y ago
Having worked at several F500 multinationals, I can say confidently that, yup, no different from gen pop. They were corrupt as hell.
Big SaaS providers offered us 40k each to get on board with some all-in Cloud offerings. I'd bet my hat some of the offshore IT companies we used were throwing kickbacks to Ops Managers.
Not speculation, either -- there were executives fired for such things. One set up a shell company and was billing it for consulting services to the tune of 400k per year. He got busted and probably faced charges, probably.
- blagie 5y agoFYI: Executives of F500 multinationals are not the "general population." The competition needed to be an executive at a F500 multinational extreme. There are many good studies on the topic, from "Dictator's Handbook" to "Power." The latter should be read with a grain of salt, but has helpful insights. Elected politicians -- above some level -- operate under analogous constraints too. If you don't take an election donation in return for political favors, your opponent will. I think the decline of the integrity of MIT (as for executives and politicians) became inevitable once competition and $$$ reached a certain threshold.